MNI China Daily Summary: Wednesday, November 27

MNI: GERMANY GFK DECEMBER CONSUMER CLIMATE -23.3

MNI BRIEF: BOJ’s JGB Unrealised Loss Rises To JPY13.7 Tlrn

RPT:- MNI NOV CHINA MONEY MARKET INDEX 53.5 VS OCT 38.4

MNI NOV CHINA MONEY MARKET INDEX 53.5 VS OCT 38.4

MNI BRIEF: China Profits Fall In October Y/Y

US MBA: REFIS -3% SA; PURCH INDEX +12% SA THRU NOV 22 WK

MNI: US MBA: MARKET COMPOSITE +6.3% SA THRU NOV 22 WK

MNI: FRANCE NOV CONSUMER SENTIMENT 90

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

Waiting for Wed's ADP Private Employ Data

US TSYS
Tsys trade weaker after the bell, off midday lows on decent volumes with London back from summer bank holiday. Dec took lead quarterly (Sep expire late September) bounced briefly after the MNI Chicago Business Barometer fell 6.6 points in August to 66.8, the lowest reading since June after climbing to a two-month high in July.
  • Futures extended session lows into midday, TYZ breaking channel support of 133-17 that had provided support a number of times since April.
  • A clear break lower would highlight an important reversal. Bulls will be looking for the channel to hold and for price to extend the recent climb, initially towards 134-19+. Yield curves not surprisingly bear steepened.
  • Focus on Wednesday's ADP private employ data (+625k est vs. +330k prior) a precursor to Friday's August non-farm payrolls (+750k est vs. +943k prior).
  • The 2-Yr yield is up 0.6bps at 0.2074%, 5-Yr is up 0.5bps at 0.7724%, 10-Yr is up 2.4bps at 1.302%, and 30-Yr is up 2.9bps at 1.9249%.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.