Free Trial

Gilts Marginally Lower Post-UK PMIs, Most Of Early Core Richening Holds

BONDS

Core global FI proves fairly unreactive on net to flash PMI data out of the UK, with the manufacturing print marginally topping exp. and the services print roughly in line with exp., at least at the headline level (headline readings still contractionary across the board).

  • This allows the bulk of the early richening in core global FI markets to hold, with gilt futures incrementally lower post release, but still ~95 ticks firmer on the day.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.