MNI: SNB CUTS KEY POLICY RATE 25 BPS TO 1.25%

MNI: PBOC Net Injects CNY18 Bln Via OMO Thu; Rates Unchanged

CHINA PBOC CONDUCTS CNY20 BILLION VIA 7-DAY REVERSE REPOS THU

MNI: PBOC Sets Yuan Parity Higher At 7.1192 Thu; -1.93% Y/Y

MNI BRIEF: China’s June Loan Prime Rate Unchanged

CHINA SETS YUAN CENTRAL PARITY AT 7.1192 THU VS 7.1159

NOK Little Changed Ahead of Norges Bank; Hold In Rates Expected

Intermediate Goods Deflation Continues to Fade in May PPI

UK CPI data cements a 7-2 vote at today's MPC meeting

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

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

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

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

Yesterday’s Strong Rally Slightly Pared Ahead Of Monthly PCE Data

US TSYS

TYH4 is currently trading at 110-08, -0-02 from NY closing levels, after giving up earlier Asia-Pac session gains.

  • According to MNI’s technicals team, the focus is on 110-25, a Fibonacci projection, whilst initial key support has been defined at 108-18+ (Nov 27 low).
  • Cash US tsys are dealing flat to 2bps cheaper in the Asia-Pac session, with a slight steepening bias apparent. There has been little in the way of meaningful newsflow, with weaker-than expected Official China PMI failing to move the market in a positive direction despite a softening across most-sub-indices. Possibly, local participants have focused on yesterday’s upward revision to Q3 US GDP.
  • Later today sees the monthly PCE report, weekly jobless claims, the MNI Chicago PMI and pending home sales, before Chair Powell swings into focus on Friday.
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.