MNI BRIEF: China June CPI Hits Three Month Low

RBNZ MPC SAYS OCR "HAS SIGNIFICANTLY REDUCED CPI"

MNI: RBNZ LEAVES OCR AT 5.5%

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

ITALY MAY INDUSTRIAL PRODUCTION +0.5% M/M ; -3.3% WDA Y/Y

Contrasting Momentum Dynamics Underscore Need For July Data

Services Drive Downside Surprise in CPI-ATE

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Turning Lower On BBG Report Of ECB "Difficult" June PEPP Decision

BONDS

German futures have fallen sharply (~20 ticks) on a BBG sources piece reporting a "difficult" decision at the June meeting on whether to slow PEPP purchases. Jun futures (RX) last down 3 ticks on the session at 170.91.

  • Italian 10-Yr spreads move 1+bps wider (last 102.4bps); Jun TYs off 2+ ticks, Gilts off ~10 ticks.
  • The BBG piece echoes MNI's Sources piece out on Wednesday noting an upcoming "fierce battle over the future of extraordinary monetary stimulus, with eurosystem sources telling MNI of deep Governing Council differences over the strength of recovery as the eurozone contends with another Covid wave."

BulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.