MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

RBA SAYS SOME UPSIDE INFLATION RISKS HAVE EASED.

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: RBA LEAVES CASH RATE AT 4.35%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

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

NZGBS: Richer But Early Geopolitical-Induced Gains Pared

BONDS

NZGBs closed richer but off the session’s best levels, with benchmark yields 1-2bps lower. With the local docket empty today, local participants have been on headlines and US tsys watch following the weekend’s escalation in Middle East tensions.

  • US tsy futures are dealing richer in early Asia-Pac dealings at 107-06, +0-11 from NY closing levels, but are well off the early session high of 107-20+.
  • Cash US tsys are closed today for the Columbus Day holiday.
  • Swap rates are flat to 1bp lower, with implied swap spreads mixed.
  • BNZ Job ads index falls 2.3% m/m following a 2.1% gain in August.
  • RBNZ dated OIS pricing is 1bp softer for meetings out to July’24 and 3-5bps softer beyond.
  • The data docket is relatively light this week, with Net Migration on Wednesday, Food Prices on Thursday and Business NZ Mfg PMI and Card Spending on Friday.
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.