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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
UK CPI miss keeps Govies underpinned
- Bund is steady since the cash open, underpinned with Treasuries, after the UK CPI miss.
- Should make for an interesting Gilt open at the top of the hour, after SONIA open higher.
- Initial support for Bund is still at 143.00, which held yesterday.
- Further out would see 1.80% in Yield, which equated to circa 142.45, printed a 142.46 low last Friday.
- Small resistance moves down to 143.71.
- Only notable data out of Europe will be the IP.
- On the other side of the Pond, US PPI will be the notable release (not as a big market mover as the CPI of late).
- SUPPLY: German EU1bn 2044 (Equates to 15.4k Bund), Portugal 2026, 2032.
- SYNDICATION: Belgium 2039.
- SPEAKERS: ECB Villeroy de Galhau delivers Michel Camdessus CB lecture.
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.