MNI China Press Digest July 18: PBOC, Beijing, Arctic Shipping

MNI: PBOC Net Injects CNY47 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1285 Thurs; -1.29% Y/Y

CHINA PBOC CONDUCTS CNY49 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1285 THU VS 7.1318

MNI BRIEF: China Equip't Renewal Policy Includes Foreign Firms

Australia Jun Unemployment Rate 4.0%

Japan Jun Exports +5.4% Y/Y; Imports +3.2% Y/Y

MNI:AUSTRALIA JUN UNEMPLOYMENT RATE +4.1%

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

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

UK Speakers will be at the forefront today

BUNDS
HomepageBond Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • There's very little change in Bund, still trading within the resistance of 131.52 (gap), and initial support at 130.74 (Monday's low), with Powell out of the way, main focus remains on the US CPI due Thursday.
  • For today out of Europe, only sees Portugal final CPI, and there's no real notable data out of the US, Wholesales Inventory will be final reading.
  • SUPPLY: German 2036, 2038 (Equates combined 18.4k Bund) should have no impact on the contract. US sells $39bn of 10yr re-opening.
  • SPEAKERS; Main focus will be on the UK, BoE Pill, Mann due to speak later today, with desks looking for any Dovish tilt.
  • With the Election results out of the way, there has been some very large Option rate play via Sonia of late, with some desks looking for an aggressive 50bps cut in August.
  • Other speakers include, ECB Nagel, US Fed Powell, Goolsbee, Bowman, but unlikely to hear anything new from the ECB and Fed speakers.
155 words

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.
  • There's very little change in Bund, still trading within the resistance of 131.52 (gap), and initial support at 130.74 (Monday's low), with Powell out of the way, main focus remains on the US CPI due Thursday.
  • For today out of Europe, only sees Portugal final CPI, and there's no real notable data out of the US, Wholesales Inventory will be final reading.
  • SUPPLY: German 2036, 2038 (Equates combined 18.4k Bund) should have no impact on the contract. US sells $39bn of 10yr re-opening.
  • SPEAKERS; Main focus will be on the UK, BoE Pill, Mann due to speak later today, with desks looking for any Dovish tilt.
  • With the Election results out of the way, there has been some very large Option rate play via Sonia of late, with some desks looking for an aggressive 50bps cut in August.
  • Other speakers include, ECB Nagel, US Fed Powell, Goolsbee, Bowman, but unlikely to hear anything new from the ECB and Fed speakers.