Free Trial

MNI ASIA MARKETS ANALYSIS: Fed Willing to Hike if Needed

HIGHLIGHTS
  • Treasuries look to finish weaker but off lows, little overall reaction to May 1 FOMC minutes
  • Tsys largely mirrored moves in EGBs during overlapping hours, weaker after higher than expected UK CPI overnight.
  • Rate cut projections continue to recede from last week's CPI-related highs, first full 25bp cut expected in November

Keep reading...Show less
1873 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.
HIGHLIGHTS
  • Treasuries look to finish weaker but off lows, little overall reaction to May 1 FOMC minutes
  • Tsys largely mirrored moves in EGBs during overlapping hours, weaker after higher than expected UK CPI overnight.
  • Rate cut projections continue to recede from last week's CPI-related highs, first full 25bp cut expected in November

Keep reading...Show less