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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 AccessTsys trading modestly higher/near...>
US TSYS SUMMARY: Tsys trading modestly higher/near middle relatively narrow
range, choppy overnight in futures, curves giving back portion of Tue's
steepening, heavier volume (TYM>470k). Focus on housing starts (1.313m est), IP
(0.6% est), CapU (78.4% est); Fed speakers include Atl Fed Pres Bostic eco
update/fireside chat at 0830ET, StL Fed Pres Bullard later in the evening,
1830ET.
- Steady climb in US$ index last 4 hours, DXY +.339 93.556 vs. 93.625 recent
high; US$/Yen -.15, 110.200; equities softer after Tue's sell-off (emini -2.0,
2707.0), West Texas crude weaker (WTI -0.36, 70.95); gold adding to Tue's
sell-off (XAU -2.47, 1288.04).
- Asia/London, two-way flow through overnight, underlying support w/Bunds.
- Swaps, spds running steady/wider, spd curve flatter again
- Eurodollar futures, Short end in retreat post LIBOR, +0.0050 to 2.3256%
(-0.0169/wk), EDM8 down to 97.690, follow through selling EDU8-EDZ8 on moderate
volume.
- Tsy ylds: 2Y 2.577%, 3Y 2.748%, 5Y 2.915%, 7Y 3.033%, 10Y 3.067%, 30Y 3.193%
To read the full story
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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.