MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

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

Retail Sales & AUKUS Security Pact Steal The Limelight

US TSYS

Treasuries have traded weaker while the S&P and Nasdaq recovered most of the losses posted earlier in the session.

  • UST cash yields are now 1-4bp higher on the day with slight underperformance in the belly of the curve. TYZ1 trades at 133-02, towards the bottom end of the day's range (L: 132-30 / H: 133-14+).
  • US retail sales data for August surprised higher with Advance reading coming in at 0.7% M/M vs -0.7% expected and the Ex Auto figure printing 1.8% M/M vs the 0% consensus.
  • The US, UK and Australia earlier announced a new security pact in a bid to counter Chinese naval power in the South China Sea. Under the new AUKUS agreement, the US and UK will assist Australia in building nuclear submarines. The move was warmly received by Taiwan and Japan, while being swiftly rebuked by China as well as France, which has now lost a previous submarine deal struck with Canberra.
Homepagemarkets-real-timeBulletMarketsFixed 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.