Free Trial

Post-GDP, PCE, Weekly Claims React

US TSYS
  • Fast two-way trade post data, Tsys dipped (TYZ3 107-15) but quickly rebound (TYZ 107-25 - still well off firm resistance is at 109-13, the 20-day EMA.) after latest data.
  • Weekly claims came out lower than expected (204k vs 215k est) Continuing Claims near in-line (1.670M vs. 1.675M est), GDP Price Index lower than expected (1.7% vs. 2.0% est), Personal Consumption missed (0.8% vs. 1.7% est).
  • Curves pare gains slightly as 10s catch up with short end, 2Y10Y +3.560 at -49.467.

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.