MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

BoE Data Watch

BoJ Data Watch

Fed Data Watch

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

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

Market pricing still finding a footing post JOLTs/Pill

BOE

We would judge Pill's speech to be tilted to the hawkish side (although remaining rather non-committal). There has been little impact on market pricing, however, with the global reaction to the US JOLTS disappointment continuing to dominate UK markets.

  • Market pricing for the May meeting seems to have settled at a post-JOLTs level around 18bp (from 19.5bp prior).
  • The terminal rate seems to be flitting between 35-36bp for August/September at present with markets still trying to find a foothold. This is down around 10bp from the pre-JOLTs level and from around 39.5bp at yesterday's close.
  • Gilt futures seem to have stabilised around 104.20 at the time of writing, from 103.57 pre-JOLTs and a high of 104.41 post-data.
HomepageBulletMarketsFixed Income BulletsForeign Exchange 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.