Free Trial

It has been a fairly quiet European....>

BOND SUMMARY
BOND SUMMARY: It has been a fairly quiet European morning session for fixed
income with the Eurex exchange down for the majority of the day (but reopen
now).
- US equity futures are flat on the day with European equities flat to higher on
the day. Core fixed income is a bit lower in line with the marginally better
risk outlook.
- Gilts have moved to their lows of the day after a weak 7-year auction. Later
today we will hear from the BOE's Haskel.
- Focus is now turning to the US where the ISM manufacturing and FOMC Minutes
take centre stage. The Minutes will be watched closely for any discussion of
yield curve control and forward guidance.
- TY1 futures are down -0-4+ today at 139-01 with Bund futures down -0.49 at
176.03 and Gilt futures down -0.46 at 137.18.

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.