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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
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Real-time insight on key fixed income and fx markets.
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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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.
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 AccessMNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
MNI: Japan Govt Keeps Economic Assessment, Ups Imports
MNI EUROPEAN OPEN: CAD, MXN Weaken On Tariff Threat, JPY Firms
Harvinder Sian, Aman Bansal and Andrea.........>
EGBS: Harvinder Sian, Aman Bansal and Andrea Appeddu at Citi address the
question of what priced for the ECB's PSPP.
- They find "Real rates have partially adjusted to the global balance sheet
outlook. Bund ASW tends to cheapen into the actual flow reduction and is yet to
cheapen. EUR curves are steep from 5y and this seems to be partially pricing
PSPP exit. Further steepening is expected and offers an opportunity against
forward flattening in trades such as 3y 5s30s".
- They caution against ignoring PSPP re-investments at your peril, because these
really are a big deal and average EUR 10.4bln in 2018, rising to E14.4bln in
2019, according to Citi calculations.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.