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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 AccessUS inflation at the forefront
- Bund remains well within post NFP ranges, with a subdued overnight session, trading just 4.1k Bund pre cash open.
- ALL EYES are on the US CPI, but Mr Powell will still want a second release in February for the January reading, ahead of the first expected hike in March.
- Today will nonetheless give the market its first clue on how gradual or aggressive to Fed will be in their tightening cycle.
- Bund main support is still eyed at the 0.00% yield resistance, circa 169.34, where investors have so far favoured fading, including some likely RECeiving interests, as swaps desks look for yield.
- No real tier 1 data are left for Europe, it's all about the US inflation. They will also release their Monthly budget statement.
- SUPPLIES: German EU1.5bn 30yr (Equates to 10.3k Buxl, or 27k Bund)., US $36bn 10yr.
- SYNDICATION: Portugal 20yr.
- SPEAKERS: BoE Cunliffe, and Fed Kashkari
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.