Free Trial

Muted Session In Asia

US TSYS

TYZ3 deals at 110-28, +0-01, a 0-02+ range has been observed on volume of ~61k.

  • Cash tsys sit ~0.5bps richer across the major benchmarks.
  • There have been narrow ranges in Asia today with little follow on moves.
  • The space looked through the Chinese PMI print, the Mfg Component was firmer than expected and the Composite measure ticked higher.
  • Flow wise a TU (2.5k lots)/UXY (1k lots) steepener was the highlight.
  • Flash CPI from the Eurozone provides the highlight in Europe. Further out we have Challenger Job Cuts, Initial Jobless Claims, PCE Report and MNI Chicago PMI.
  • Fedspeak from Atlanta Fed President Bostic and Boston Fed President Collins crosses.

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.