MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Waiting patiently

BOND SUMMARY
  • The European morning session has been uneventful with only tier two data and little to change sentiment surrounding Brexit negotiations. As we wrote earlier, fishing is seemingly the last major obstacle to an EU-UK trade deal but still proving contentious. Overnight reports have stated that rather than negotiating with Barnier, Johnson is now negotiating directly with von der Leyen who is in frequent contact with EU Heads of State. There is still hope that a deal can be agreed before Christmas although we are now also starting to see some comments from senior officials that talks can continue until the end of the year, or even in January if necessary.
  • Elsewhere, there will be some focus on the US data today with personal income/spending, durable goods and weekly claims amongst the highlights of the release. In terms of US fiscal stimulus talks, Trump may be holding up agreeing to the plans as he favours larger checks for individuals.
  • TY1 futures are down -0-1 today at 137-30+ with 10y UST yields up 0.3bp at 0.921% and 2y yields unch at 0.117%.
  • Bund futures are up 0.22 today at 178.15 with 10y Bund yields down -0.9bp at -0.606% and Schatz yields unch at -0.743%.
  • Gilt futures are up 0.09 today at 135.68 with 10y yields down -0.5bp at 0.176% and 2y yields down -0.2bp at -0.157%.
Political Risk BulletFixed Income BulletsBulletMarketsPolitical RiskForeign 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.