MNI BRIEF: BOJ Tankan To Show Slipping Sentiment

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

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

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

MNI: GERMANY OCT IND PROD -1% M/M

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

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

Futures Marginally Weaker Overnight, US Tsy Impetus Weighs

JGBS

JGB futures cheapened with US Tsys in overnight trade (albeit with the usual lower beta), closing near the session low (147.28), -4 vs. settlement levels. At 147.31, JBM3 sits at the lowest level seen since March 16.

  • US Tsys were pressured for the third successive session in the wake of the much stronger-than-expected Empire State Manufacturing Index reading.
  • Domestically, JiJi sources have suggested that the BoJ is considering penciling in a FY25 CPI rise of 1.6-1.9% in its initial projection covering that period (to be released at it's April meeting). This would help cement the BoJ's on hold stance in the immediate term, given its focus on the sustainability of the current inflationary impulse when assessing policy parameters.
  • A liquidity enhancement auction for off-the-run 5- to 15.5-Year JGBs will take place today, with appearances from BoJ Governor Ueda & Deputy Governor Uchida also tabled.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.