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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 AccessSuper volatile start for BTP futures....>
MARKET TALK: Super volatile start for BTP futures with the contract already
trading a 140 ticks range, but back to flat on the day.
- The Covid-19 and Italy lockdown going nationwide has kept the BTP risk tilted
to the downside.
- Although expectations are still fairly split across the the street, some are
floating the idea of QE from the ECB this week, which would benefit the
contract.
- Overnight, Trump floated a payroll tax cut and fiscal stimulus which is seen
by some as a more potentially impactful way to go as opposed to pulling the
bazooka on rates. This seems to have stem the bleeding in equities for now.
**NO SET time on the announcement from Trump on the final fiscal stimulus and
tax cut package, but it is expected sometime today.
To read the full story
Sign up now for free trial access to this content.
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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.