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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
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Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
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Commodities
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Credit
Credit
Real time insight of credit markets
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA OPEN: Nov Job Gains, Fed Blackout, CPI/PPI Ahead
MNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
EUR Market Wrap
- 2y/10y bunds closed -6bp/-5bp as French political uncertainty continues to weigh on EGB spreads while prompting a bid in bunds. BTPs and OATs both 5bp wider vs. 10y bunds.
- Main/XO were +3bp/+9bp while €IG/€HY were +2bp/+9bp to bring moves since Friday’s close to +3bp/+19bp with 1-3yr spreads underperforming +10yr spreads by 3bp so far this week and Energy and Fins taking the brunt of the move at +4bp/+6bp.
- SXXP was -0.9% with Banks, Basic Resources and RE ~2% lower vs. the SPX which was +0.3%. Notable €IG movers included Naturgy -15%, Apple +7%, Covestro +7%, Naturgy -15%, Maersk -7%, Icade -7%. Stoxx 50 futures are +0.3%.
- Up today:
GMT/Local | Impact | Country | Event |
0600/0700 | ** | UK | UK Monthly GDP |
0600/0700 | ** | UK | Trade Balance |
0600/0700 | ** | UK | Index of Services |
0600/0700 | *** | UK | Index of Production |
0600/0700 | ** | UK | Output in the Construction Industry |
0600/0800 | *** | DE | HICP (f) |
0900/1000 | * | UK | Index Linked Gilt Outright Auction Result |
0930/1130 | EU | ECB's Schnabel at German Finance Committee | |
1100/0700 | ** | US | MBA Weekly Applications Index |
- | *** | CN | Money Supply |
- | *** | CN | New Loans |
- | *** | CN | Social Financing |
- | UK | Sky News- Election Leaders Event | |
1230/0830 | *** | US | CPI |
1230/0830 | * | CA | Intl Investment Position |
1300/1500 | EU | ECB's De Guindos at MNI Connect Event | |
1430/1030 | ** | US | DOE Weekly Crude Oil Stocks |
1600/1200 | *** | US | USDA Crop Estimates - WASDE |
1800/1400 | ** | US | Treasury Budget |
1800/1400 | *** | US | FOMC Statement |
1915/1515 | CA | BOC Governor Macklem speaks at panel in Montreal. |
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.