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Free AccessGilts have reversed small opening gains and...>
GILTS: Gilts have reversed small opening gains and coming under some selling
pressure as markets look ahead to some key events later today and tomorrow.
10-yr Gilt yield last 1bp higher at 1.257% with yield curve currently bear
flattening as ultra long-end remains anchored.
- The EU summit get underway today and according to the BBC PM May has been
warned time in running out to secure a Brexit deal and that talks need to
intensify. With no progress made on the Irish border issue, Brexit is not
expected to be discussed at the summit.
- In the UK data is rather light with Bank of England Agents summary of Business
conditions released at 0930BST. However BoE Haldane is scheduled to speak at
Academy of Social Sciences Annual Lecture 1430BST.
- UK markets eyes will also be on flash German and Italy inflation data.
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.