CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Tsys Firmer As FOMC Speakers Awaited

US TSYS SUMMARY
  • Tsys are a little stronger in early trade with equities trading mixed. Not much driving in the overnight session headline-wise, with a bit of bull flattening in the curve; most focus will be on Fed speakers following Wednesday's FOMC decision, as well as UMich sentiment.
  • The 2-Yr yield is unch at 0.1351%, 5-Yr is down 1bps at 0.2675%, 10-Yr is down 1.5bps at 0.674%, and 30-Yr is down 1.9bps at 1.42%. Dec 10-Yr futures (TY) up 1.5/32 at 139-16 (L: 139-11.5 / H: 139-17) on unremarkable volume (154k traded as of 0630ET).
  • In Fed speakers, we get StL's Bullard at 1000ET, Atl's Bostic at 1200ET, and Minneapolis' Kashkari at 1500ET.
  • Of course, Kashkari dissented at this week's meeting; usually we get explanations of FOMC dissents by the following Friday, so we may well hear from Dallas' Kaplan too (and/or from Kashkari in a blog etc prior to his appearance later in the session).
  • A thin data calendar otherwise: we get Q2 current account at 0830ET, with 1000ET bringing Sep UMich sentiment / Aug leading indicators.
  • NY Fed buys ~$12.825B of 0-2.25Yrs.
BulletMarketsFixed Income Bullets
BulletMarketsFixed Income Bullets

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.