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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI Gilt Week Ahead
EUR Market Wrap
- 2y/10y bunds are flat/-1bp with our DM team earlier flagging a modest pullback in market-based EUR inflation expectations - in part due to softening energy prices – as working against any pullback in safe haven demand that would be implied by reports that Israel will delay retaliation on Iran until after the Passover period.
- Main/XO are -1bp/-2bp while FICM shows €IG/€HY at -0.7bp each with swap spreads flat – Energy looks the best performing sector while Comms, Cons Disc and Sub Fins are slightly worse.
- Curve movers include Thames Water (up to 19bps wider), Sartorius (3-4bps wider on earnings), General Mills (up to 7bps wider on new supply) and Mizuho (3-4bps tighter).
- SXXP is +0.2% with Utils +1.1% and Energy -1%. Notable €IG movers include Sartorius -10%, CPI +7%, Tele2 +6%, PostNL -6%. EQT AB -6% and ABB +5%.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.