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Global Macro
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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI 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
Tsy futures trading mixed, long end....>
US TSY FLOWS: Tsy futures trading mixed, long end off lows/bid following recent
EU officials headlines re: formal UK trade talks won't start immediately in
2018. Moderate volume (TYH>275k), relative quiet ahead Nov NFP data (+200k exp).
US$ stronger vs. Yen (113.520), equities firmer (emini +4.25, 2646.5), gold
firmer (XAU +.13, 1247.41), oil firmer (WTI +.87, 57.57).
- Asia, Tsys kicked off with mild early overnight, maintained narrow range into
the London open; light 2-way ahead data, FX-acct selling on stronger US$.
- London, UK payout agreement EU40-45BLN. Flow included early steepeners, end
user sales in intermediates.
- Swaps, spds running mixed, mildly wider in the wings vs. tighter
intermediates, light volume going into weekend, recent 2s6s flattener ($56k
DV01), $100M payer 5s earlier at 2.20987%.
- Eurodollar futures, short end sold on modest volume, extending overnight low
post 3M LIBOR set (+0.0128 to 1.5488% (+0.0542/wk), 98.40 sellers followed by
recent sale at 98.397; recent 9,131 EDU8/EDZ8/EDH9 flys, 0.035. Fly Blocks, +2k
each EDM8/EDH9/EDZ9 at 0.115, EDH8/EDZ8/EDU9 at 0.190.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.