Free Trial

$3B Paypal 4Pt Launched


Reverse Repo

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 Access
GILT SUMMARY: Gilts are opening steady to slightly higher from Monday's close
following soft UK GfK data, while the BoJ left monetary policy unchanged but cut
inflation forecast for this year. 10-yr Gilt yield is unchanged at 1.327%.
- UK GfK consumer confidence ticked lower to -10 in October from -9 in September
with concerns over the near-term economic outlook weighing. While Financial
Times reports that Hammond will not break his fiscal rules to increase public
spending and the BBC reports the BoE telling banks to prepare for "no deal" on
Brexit and thinks 75k jobs could be lost.
- There is a dearth of UK data today, so attention likely on comments from
Brexit Secretary David Davis as he appears in front of the House of Lords EU
select committee this afternoon. No dates have been set for the next round of
negotiations with the EU so this could be one of the questions asked.
- European and US data make up for the lack of UK data today with Eurozone flash
October inflation and first estimate of Q3 GDP at 1000GMT. Then in the afternoon
there is the Chicago PMI release at 1345GMT. 

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.