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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 UK Inflation Insight: October 2024
MNI UK Inflation Insight: October 2024
Focus on Italian supply this morning
- A lighter overnight session for Bund, and the contract is at circa yesterday's mid range.
- The move higher post the US core CPI miss has lost some steam, as it opened with a lower gap., and seeing early selling interest, with supply coming the forefront for EGBs, large for BTPs.
- Remaining data are the Spanish Final CPI, and Italian IP.
- On the other side of the pond, most of the focus will be the PPI.
- SUPPLIES: All the attention will be on supplies in early trade, massive for the BTP, with 2029s, 2025, and 2052 (equates to 52.9k BTP) should weigh into the bidding deadline.
- The 2040 is for EU750mln, won't have an impact.
- For Germany, we get the Bund EU4bn 10yr (equates to ~26.5k Bund). And finally, US $20bn 30yr later in the session.
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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.