DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

What to Watch: Fed Speak, Geopol Headline Watching

MARKET INSIGHT
Tsys trading weaker, near lows ahead the NY open, 30YY taps 3.1928% high, amid rather decent volumes: TYZ>325k for a no data day. US FI sold off following higher than expected German PPI (+5.3%, +37.2% YoY due to surge in energy prices); UK retail sale up 0.3% last month, but the cost of those sales increased more rapidly by 1.3%.
  • No economic data Friday, just Richmond Fed Barkin at Maryland county association conference at 0900ET, Q&A expected. Focus on next week's annual Jackson Hole Economic Symposium: Reassessing Constraints on the Economy and Policy on Friday, August 26. Chairman Powell will discuss the Fed's economic outlook at 1000ET (0800 local), text is expected but no Q&A.
  • Treasury auctions resume next week:
    • $44B 2Y notes on Tues,
    • $22B 2Y Note FRN reopen and $45B 5Y Note on Wednesday
    • $37B 7Y Note on Thursday
  • Equity earnings, still some notable announcements next week: Nvidia (NVDA) late Wednesday $508 est, Dell late Thursday $1.636 est
  • Geopol: Japanese Foreign Minister Yoshimasa Hayashi has told Nikkei Business Daily that the Japanese government will look into arranging a meeting between Japanese Prime Minister Fumio Kishida and Chinese President Xi Jinping.
    • According to Nikkei, the meeting would most likely be either a phone conversation or online conference to take place this autumn.
HomepageBulletMarketsFixed Income BulletsForeign 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.