MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

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

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

What to Watch: FOMC Minutes, Philly Fed Harker, NATO Summit

MARKET INSIGHT

Rates trading weaker/near late overnight lows, short end outperforming as curves continue to steepen/move off deeper inverted levels: 2s10s +5.642 at 8.141 (compares to -9.531 inversion during early Mon Asia hours); 5s30s +1.813 at -13.572 vs. -16.859 low overnight.

  • No significant data for today, focus on March FOMC minutes (1400ET) preceded by Philly Fed Harker on economic outlook at 0930ET.
  • Markets hope to glean more on forward guidance after Fed Gov Brainard comments Tue: "tightening monetary policy methodically through a series of interest rate increases and by starting to reduce the balance sheet at a rapid pace as soon as our May meeting."
  • NATO: Meeting of the North Atlantic Council (NAC) Ministers of Foreign Affairs today, Sec Stoltenberg chairing, press conference at 0945ET. Link: NATO
  • Expecting more sanctions to be levied on Russia. US Secretary of State Blinken will also join a G7 ministerial and hold formal and informal discussions with ‘allies and partners’.
BulletMarketsFixed Income BulletsForeign Exchange 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.