MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

Markets Roundup: Firmer/Narrow Range Ahead Wed's FOMC Minutes

US TSYS
  • Treasury futures modestly firmer after the bell, off midmorning highs but holding near last Friday's pre-PPI levels: TYH4 currently +6.5 at 109-30.5 vs. 110-05 high. still below initial technical resistance at 110-17 (Feb 15 high); technical support at 109-17/15 (50.0% of Oct 19 - Dec 27 climb / Low Feb 16).
  • Curves steeper but off highs: 2s10s +2.801 at -33.652 vs. -31.373 high; 10Y yield currently 4.2714%, -.0078.
  • Tsys mirrored modest support in EGBs overnight following a larger than expected 25bp reduction in 5Y LPR during Asia-Pac hours, muted react to softer ECB Q4 negotiated wages to 4.5% from 4.7%.
  • Tsys drew additional support after Canadian CPI data came out lower than expected (+2.9% vs. +3.2% est, +3.4% prior). Otherwise, no react to US data: JAN. Leading Indicator -0.4% M/M vs. -0.3% est, US Philly Fed Non-Mfg index -8.8 vs . -3.7 prior.
  • No scheduled Fed speakers on today's docket, holding to the sidelines ahead of the Jan 31 FOMC minutes release tomorrow at 1400ET.
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.