MNI China Daily Summary: Wednesday, July 17

MNI China Press Digest July 17:  Investment, LPR, H2 Priority

MNI BRIEF: NZ CPI Prints Lower Than Expected At 3.3% Y/y

MNI: PBOC Net Injects CNY268 Bln Via OMO Wed; Rates Unchanged

CHINA PBOC CONDUCTS CNY270 BILLION VIA 7-DAY REVERSE REPOS WED

MNI: PBOC Sets Yuan Parity Lower At 7.1318 Wed; -1.32% Y/Y

Final June HICP Confirms Sticky Services Narrative

MNI: EUROZONE JUN FINAL HICP +0.2% M/M, +2.5% Y/Y

Survey date avoids Swift concerts - but accomodation is still very high

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

In a fairly quiet session Monday,...>

US TSYS SUMMARY
US TSYS SUMMARY: In a fairly quiet session Monday, Treasuries have drifted a bit
weaker from Friday`s Fed Chair Powell-induced rally, amid the UK holiday
interrupting cash trading.
- T-Note Sep futures trading a touch lower at 120-19, down from 120-19+.
- Taken with the grain of salt of very thin trading amid London`s holiday, there
has been a bit of bear steepening after 2s-10s hit another cycle low of
18.482bps in Asia overnight, 2-Yr Tsy yields up 0.4bps at 2.624%, 5-Yr up 0.7bps
at 2.719%, 10-Yr up 0.9bps at 2.819%.
- Could be a day of headline-watching, as a NAFTA deal between the US and Mexico
looks possible as early as Monday.
- Data is very thin today (Chicago and Dallas Fed indices), but attention this
week falls on Q2 GDP data, Jul PCE & Chicago PMI, as well as U.S. Tsy supply,
which gets underway today, as 2-Year paper comes to market.
MarketsFixed Income Bullets
MarketsFixed Income 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.