MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1048 Weds; -4.92% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1048 WEDS VS 7.1059

MNI BRIEF: Hungary Central Bank Cuts To 7.75% As Expected

MNI China Daily Summary: Tuesday, April 23

MNI: AUSTRALIA MONTHLY MAR CPI 0.4% MM, 3.8% YY

MNI:AUSTRALIA Q1 CPI +0.9% Q/Q

MNI: UK JAN-MAR MEDIAN PAY AWARDS +4.8% :XpertHR/Brightmine

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Small gap to fill

BUNDS
  • A fairly subdued overnight trading session for Bund, stuck in a 10 ticks ranges (171.86/171.96) and with circa 8k lots traded.
  • The contract remains fairly subdued on the cash open, albeit better offered, but we are still at the upper end of this week's range, following the US CPI miss yesterday afternoon.
  • Outlook is nonetheless unchanged, tilted to the downside and we did test initial yield target at 171.34, printed 171.33 low yesterday.
  • The 171.35/171.30 is still the area to watch, but worth noting the small opening gap up to 171.98, which should get filled, given the lack of supplies for today.
  • Very little left on the calendar in terms of data for today, French and Italian CPI are final readings.
  • On the other side of the Atlantic, US IP is the notable release.
  • SUPPLEIS: UK 2031 £2.5bn (Equates to 22.9k Gilts)
  • SPEAKERS: ECB Schnabel and Lane
HomepageBulletMarketsFixed Income BulletsForeign Exchange 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.