Free Trial
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.
STIR FUTURES
- With Japan closed overnight there have been very limited moves in STIR futures, with a small upward bias to G3 markets this morning. This is largely just moving off of yesterday's lows after we saw a decent sell-off led by the Euribor strip as German inflation came in higher than expected.
- This morning we have already seen French inflation beat expectations, but a lack of any significant movement indicates this was already priced into markets, so we will probably need to see the pan-Eurozone HICP print at 10:00BST / 11:00CET this morning a couple of tenths higher than the economists' expectation of 7.5%Y/Y to satisfy the market.
- As we noted in earlier comments, there is a huge amount of data across Europe this morning with most countries reporting GDP for Q1 (and readings so far from France and Spain have been disappointing). We then have US PCE, personal income / spending, the MNI Chicago Business Barometer and the final print of Michigan confidence from the US.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok