Free Trial

Focus is squarely on the US CPI

BUNDS
  • Bund trades circa the middle of the large December range (173.31/175.02), at 174.10.
  • The contract is trending in small red territory, despite the Estoxx (VGZ1) moving to session low.
  • Medium, longer term outlook is unchanged, tilted to the downside, but very short term, Global markets will be taking their cues from Omicron risks.
  • Attention for today, is squarely on the US CPI.
  • Out of Europe this morning sees Italian IP, but unlikely to move the needle.
  • SPEAKERS: Unlikely to get anything on Monetary policy, with CBs next week.
  • Today include ECB's Lagarde, Bundesbank's Weidmann, BdFs Villeroy, ECB Panetta and Elderson
  • BoE and Kantar release inflation attitudes survey for November

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.