MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Has closed Monday's gap.

BUNDS
  • Very little change for Bund, with the contract managing to close back Monday's downside gap.
  • Notable early volume is in the shorter end Schatz and the Front white Euribor, keeping the Bond and the Rate market curves flatter going into the cash open.
  • Initial resistance in Bund moves down to 131.28, followed by Friday's high at 131.74.Support remains at 130.47.
  • There's no notable data for today, US FOMC minutes is unlikely going to move the needle.
  • From today, we might start seeing an early pick up from investors in rolling their Treasuries and Gilt positions into the December expiry, given Thanks Giving week, with desks taking advantage of the liquidity.
  • First Notice for Treasuries is the 30th November and Gilt the 29th.
  • Treasury roll runs at circa 7%, Gilt is still on the ~3% low side.
  • SUPPLY: German Bobl, (Equates to 29.8k Bobl) should have limited impact.
  • US $26bn 2yr FRN, and $15bn 10yr TIPS, won't impact Treasuries.
  • SPEAKERS: ECB Lagarde, Schnabel, Centeno, Germany Linder's.
HomepageBond Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.