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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA MARKETS ANALYSIS: Treasuries Surge On Bessent And Oil
MNI ASIA OPEN: Israel-Hezbollah Ceasefire Cautiously Reached
***Hearing that macro account has been........>
BUNDS: ***Hearing that macro account has been selling the Bobl contract today,
likely increasing shorts. Algo accounts have been bailout out of longs on the
Bund this afternoon as momentum indicators turn south. In the strong market up
until Wednesday morning, open interest had built quite aggressively but sources
want to see how OI changes when released next week - it should decline
substantially.
- MNI-Pi, positioning indicator calculations show longs in the Schatz and the
BTP but short in the Bobl.
- Note that there is E50bln of coupon and redemption payments next week but
hardly any scheduled issuance (E9bln). Ad in maybe another E10-15bln of PSPP and
the potential buying is large.
- Looming larger still is an ECB taper announcement on Thursday where the
consensus is very tightly held A change to E30-40bln APP for 9 months.
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.