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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.
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Free AccessGILTS: Firmer Following U.S. Labour Market Data
Gilts follow Tsys higher in the wake of the softer-than-expected U.S. labour market data.
- Futures register highest levels of the week (97.44) but don’t close Monday’s opening gap lower, before easing to 97.35.
- Initial resistance seen at the 20-day EMA (97.72). A break there would weaken the recent bearish impulse.
- Benchmark yields are little changed to 6bp lower on the day, with the curve flattening.
- Local focus remains on tomorrow’s election.
- We have provided some scenario analysis for various degrees of Labour majority, flagging downside risks to both gilts & FX:
- Scenario Analysis Bullet 1.
- Scenario Analysis Bullet 2.
To read the full story
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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.