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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 BRIEF:Eurogroup To Call For Discipline As France In Crisis
MNI POLITICAL RISK - Trump Nominees Face Capitol Hill Scrutiny
MNI US MARKETS ANALYSIS - Curve Steeper Ahead of JOLTS
Futures Tick Up, But Recent Ranges Maintained, BoJ's Uchida & 5yr Supply In Focus
JGB futures stayed supported post the Tokyo close on Monday. We finished up at 144.39, +.01. Modest support was evident from the softer core yield tone, with US Tsy futures unable to break sub 107.
- The technical picture hasn't changed for JGBs. Focus remains on a test of the recent low at 143.44, while we need to break above 146.41, the Sep 4 high, to signal a reversal higher.
- Today we have the 5yr supply auction on tap, while BoJ's Uchida will appear before parliament at 10:17am local time (01:17 BST).
- The data calendar is quiet until tomorrow's Q3 GDP print.
- In the cash JGB space, the 10yr yield finished at 0.87%, away from Monday session highs above 0.90%. The 10yr swap is just under 1.07%.
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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.