NORGES: RATES PROBABLY AT CURRENT LEVEL QUITE SOME TIME

RATES MAY NEED TO BE ON HOLD LONGER THAN ENVISIONED: NORGES

MNI: NORGES BANK LEAVES RATES UNCHANGED AT 4.50%

MNI WATCH: CNB Seen Cutting 50Bps to 5.25%, Signal Slower Pace

MNI China Daily Summary: Tuesday, April 30

MNI BRIEF: China To Keep Tackling Risks In Real Estate, Debts

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BoE Data Watch

RBA Data Watch

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MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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MNI Credit Weekly: Show Me The Earnings

Normal service is resumed; credit is trading firm once again, with geopolitical noise quickly fading to the background. Earnings seasondominated focus this week.

AnalysisCredit AnalysisHomepageCredit

€IG cash spreads 3bp tighter on the week (yesterday’s close) as risk on returned.

  • Fund flows held quite steady with a mixed pattern.
  • Supply saw a small uptick with financials busier than corps amid earnings season.
  • Earnings season continues with no major dramas so far. We note plenty of companies beating on earnings while missing on revenue. Impressive cost cutting or input cost pressure abating? Perhaps a bit of both.

    • 24.04.26 MNI Credit Weekly.pdf


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€IG cash spreads 3bp tighter on the week (yesterday’s close) as risk on returned.

  • Fund flows held quite steady with a mixed pattern.
  • Supply saw a small uptick with financials busier than corps amid earnings season.
  • Earnings season continues with no major dramas so far. We note plenty of companies beating on earnings while missing on revenue. Impressive cost cutting or input cost pressure abating? Perhaps a bit of both.

    • 24.04.26 MNI Credit Weekly.pdf