Free Trial

Focus is on Lagarde on US Biden

BUNDS
  • A more steady session for Bund, with investors and market participants taking a breather, from a Fast Market week.
  • The contract is trading at mid overnight range.
  • Focus on the data front will be on the French CPI, the GDP will final reading.
  • And on the other side of the pond, US PCE core deflator, and Durable Goods.
  • Michigan is final reading.
  • All the attention is on ECB Lagarde and US President Biden, both speaking at 14.00GMT.
  • ECB's Lagarde speaks after Eurogroup meeting in Paris.
  • The President meets with fellow NATO Heads of State and Government in an extraordinary virtual summit to discuss the security situation in and around Ukraine.
  • The other speaker is BoE Huw Pill who delivers closing remarks at the First Annual Bank of England Agenda for Research (BEAR)
  • SUPPLIES: Italy EU3bn 2032, EU4bn 2027 (equates to combined 40.8k BTP), plus a Floating Bond, but won't impact BTP.
  • Supplies should keep the lid on BTP in early trade.

To read the full story

Close

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.