-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
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 Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
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.
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 AccessUS$ Credit Supply Pipeline
US Treasury Auction Calendar
Futures Lower Overnight, Nominal Wage Growth Surges
JGB futures finished the overnight session 15 ticks below Tokyo settlement levels as the pull of wider core global fixed income markets applied weight to the contract, more than unwinding the late Tokyo session uptick, as the contract went out just above worst levels of post-Tokyo dealing.
- Succession of BoJ Governor Kuroda continues to dominate headline flow, as well as the thought process of market participants and BoJ watchers alike. Current BoJ Deputy Governor Amamiya remains the front runner in the eyes of most, with the latest domestic press reports pointing to the likelihood that the government outlines its nominations for the position at some point next week (previous reports suggested that move could come as soon as 10 February).
- Note that today’s headline local data has already crossed, revealing much firmer than expected wage growth (nominal wages recorded the largest Y/Y increase since the 90s), alongside softer than expected household spending. The former will no doubt please the BoJ ahead of the annual shunto wage negotiations, with the Bank looking to foster sustainable and meaningful wage growth as it prolongs the deployment of its ultra-easy policy settings. The wage data may apply pressure to JGBs in early Tokyo trade.
- 30-Yeear JGB supply provides the focal point of the remainder of the session.
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.