Inflation - EUR
USDi: Solid PPI; BEs nudge a little higher; CPI on the ho...
BEs nudged a little higher with a strong PPI providing a green light against an inflation-friendly/neutral backdrop. CPI is now on the horizon.
USDi: Fed props up front BEs but nominal rally weighs on ...
Today’s Fed TIPS purchase helped support front-end BEs but the bull flattening nominal rally weighed on longer tenors.
EURi: Buyers equal sellers; Pre-auction Spanish flow
Traders described Euro inflation as “pretty stable” going into the close with the market lacking any particular trend or momentum.
USDi: BEs snap back up; Fed TIPS purchase eyed; Minutes
BEs snapped back higher today after yesterday’s flow-driven hiccup. Inflationistas eye tomorrow’s Fed TIPS purchase operation.
EURi: Tracking TIPS and still expensive; Squeeze risk?
Traders said the euro inflation market is tracking TIPS, describing HICPx as expensive and warning of squeeze risk.
USDi: BEs sellers emerge amid a tepid energy rally
BEs sellers emerge today as an energy rally lost much of its upward momentum intraday while nominal yields ground lower in the backdrop.
EURi: Curve flattens; 5y swaps dominate; Dealer confusion...
The euro inflation curve is trending higher with decent flattening related to month end and most action in 5 year swaps.
EURi: Surging TIPS dull core HICP impact; Month-end and r...
A surge in TIPS dulls the impact of disappointing core HICP data while traders focus on month-end. Elsewhere a big inflation-linked MTN emerges.
USDi: BEs noise cancel the Black Gold blues
Oil sold off sharply despite continued Suez Canal paralysis. However, BEs ultimately ignored Black Gold and rallied nevertheless.
EURi: Weak BTPei tap - pre-auction buying?
Traders suggest a weak Italian auction could be linked to pre-auction buying on behalf of clients.