MNI BRIEF: BOJ Wants More Wage Data, US Econ Outlook – Ueda

MNI: GERMANY GFK JANUARY CONSUMER CLIMATE -21.3

MNI BRIEF: BOJ To Manage Policy To Achieve 2% Target

MNI: PBOC Net Injects CNY14.5 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1911 Thurs; -2.12% Y/Y

CORRECTS-MNI INTERVIEW: CBRT To Cut 2-3 Times By Feb-Cangoz

MNI: FRANCE DEC MANUF SENTIMENT AT 97

US EIA: CRUDE OIL STOCKS EX SPR -0.93M TO 421.0M DEC 13 WK

MNI: US NOV HOUSING STARTS 1.289M; PERMITS 1.505M

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

Little Changed Amid Limited Newsflow; Peripheries Mixed

EGBS

Core/semi-core EGBs are little changed to begin the week, with limited market moving newsflow over the weekend following last week's ECB meeting and US labour market report.

  • ECB's Kazimir joined last week's contingent of speakers who prefer waiting till June before beginning the easing cycle, noting that upside risks to inflation remain.
  • Bunds are flat at 133.76, with 134.18 (Feb 7 high) the first support. Last week's price action saw a clear break of resistance at the 50-day EMA, signalling scope for an extension.
  • German and French cash yields are -0.5bps lower to 1.5bps higher, with the curve lightly twist flattening.
  • 10-year periphery spreads to Bunds are mixed, with Spanish/Italian spreads a touch wider and Portuguese/Greek spreads tighter. See our earlier post for details on the impact of this weekend's Portuguese election result.
  • This week's regional data calendar is reasonably quiet (though we get final February HICP readings from the four major economies). UK labour market data and US CPI tomorrow will be of interest.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.