Free Trial

What to Watch: BOE up Next, Weekly Claims, ULC

US TSYS
  • Eye on Bank of England policy annc at the top of the hour while Tsys are adding to Wed's post-FOMC rally, futures holding to rather narrow overnight range on heavy volumes: TYZ3 +16.5 at 107-12 last (107-02.5L/107-13.5H), over 575k traded. Curves flatter: 3M10Y -2.989 at -76.514, 2Y10Y -4.357 at -25.521; 10Y yield marks 4.6987% low.
  • Focus on upcoming data: Initial Jobless Claims, Nonfarm Productivity and Unit Labor Costs at 0830ET. Factory/Durable Goods Orders, Cap Goods Orders/Ship wraps things up at 1000ET.
  • Treasury supply: $95B 4W, $85B 8W bill auctions at 1130ET
  • Fed remains in blackout, but StL Fed interim President Paese scheduled to make opening remarks this evening at 1830ET.
  • Corporate earnings continue

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.