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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Daily Summary: Tuesday, February 6
MNI BRIEF: China Steel Output Up In January Y/Y
MNI BRIEF: RBA Revises Return To 2-3% Target
The EGB market started poorly but.......>
EGB SUMMARY: The EGB market started poorly but spiked aggressively higher upon a
Reuters story that claimed Draghi would not make any significant policy
announcements at Jackson Hole (Aug 24-26).
- The curve bull-flattened but the enthusiasm waned rapidly and within 40
minutes, the market was trading lower than before the story's release.
- Core EGBs are suffering from the largely risk-on sentiment and the rise in
equity markets. Strong UK employment data also prompted some additional
weakness.
- Donald Trump tweeted negatively about Amazon and the equity's price has dipped
strongly in pre-market trading but it failed to influence EGBs.
- Core EGB markets have felt heavy throughout the day but there is still a good
bid for the periphery and so the Bund-BTP and Bund-Bonos spreads have tightened
by 3bp each. The Spanish spread is almost back to 100bp.
- In terms of data, Q2 Eurozone GDP matched the pre-flash estimate of 0.6% Q/Q.
- The market is looking forward to the FOMC Minutes, being released after the
European close tonight.
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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.