CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Focus on supplies in early trading

BUNDS

Bund trades in tight range since the cash open, albeit underpinned, with Estoxx (VGM1) paring small gains..

  • German 5/30s lean bull flatter, but within April's ranges (86.443-89.097).
  • A fair amount of Supplies from Spain and France this morning should keep the lid on the contract into the bidding deadline in early trading.
  • But vaccination pace concerns and continuing spike in cases should keep safe haven favoured short term.
  • No tier 1 data for today, we get construction PMI for Germany and the UK, ECB minutes, but unlikely to move the needle.
  • No ECB speakers are scheduled, and on the other side of the pond, Fed Bullard and Kashkari discuss Economy, while Powell Takes part in IMF panel.
  • SUPPLIES: Spain 2026, 2028, 2044, and France 2029, 2031, 2052.
BulletMarketsFixed Income BulletsForeign Exchange Bullets

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.