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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.
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Free AccessMNI ASIA OPEN: Nov Job Gains, Fed Blackout, CPI/PPI Ahead
MNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Some extension higher post Cash open
- Bund extends its recovery from Yesterday's low post Cash open, but volumes remain somewhat subdued with the attention turning to the PMIs.
- Small support moves up to 130.83, followed by 130.52, Yesterday's low, but also the 2.55% area in Yield term.
- Resistance is seen at 131.87, followed by 132.30.
- Main focus on the Data front will be on the prelim PMIs today.
- SUPPLY: Italy €2.5bn 2026 (equates to 18.6k short 2yr BTP) could weigh, plus 2029, 2036 linkers (won't impact BTP). German €5bn Schatz (equates to 53.4k Schatz) should weigh, US sells $69bn of 2yr Notes.
- SYNDICATION: EU and Finland.
- SPEAKERS: BoE Haskel, Pill, ECB Panetta, Nagel (x2).
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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.