MNI: PBOC Sets Yuan Parity Higher At 7.1312 Weds; -0.34% Y/Y

MNI: PBOC Net Drains CNY248 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1312 WEDS VS 7.1291

MNI BRIEF: 'Noise' Driving Economic Deterioration- Campos Neto

MNI China Daily Summary: Tuesday, July 2

Australia May Total Dwelling Approved +5.5%

Australia May Retail Trade +0.6%

MNI: AUSTRALIA MAY RETAIL SALES +0.6% M/M

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

Looking Through ECB Accounts

EGBS
HomepageBond Market NewsEuropean Central Bank (ECB) Market NewsBulletMarketsFixed Income Bullets

{EU} EGBS: EGBs are unmoved by the accounts of the ECB’s March meeting.

  • Post-decision rhetoric has already pointed to June as the most likely starting point for the rate cutting cycle.
  • That leaves markets essentially fully discounting a June cut, along with only ~2bp of easing being priced for next week’s decision.
  • Bund futures are a little below the middle of their narrow session range, while the German yield curve sees modest bull flattening.
  • Most EGBs are tighter to Bunds, with BTPs outperforming after this morning’s stronger-than-expected Italian PMI data.
90 words

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.

{EU} EGBS: EGBs are unmoved by the accounts of the ECB’s March meeting.

  • Post-decision rhetoric has already pointed to June as the most likely starting point for the rate cutting cycle.
  • That leaves markets essentially fully discounting a June cut, along with only ~2bp of easing being priced for next week’s decision.
  • Bund futures are a little below the middle of their narrow session range, while the German yield curve sees modest bull flattening.
  • Most EGBs are tighter to Bunds, with BTPs outperforming after this morning’s stronger-than-expected Italian PMI data.