MNI EXCLUSIVE: MNI INTERVIEW: Risk Election Makes Fed Pause-Ex Fed's Tracy

Jul-19 12:25

MNI interviews Joseph Tracy, former senior adviser to Fed presidents Robert Kaplan and William Dudley, about interest rates -- on MNI Policy MainWire now, for more details please contact sales@marketnews.com.

Historical bullets

EURIBOR: Euribor strip test session low

Jun-19 12:24
  • ERZ3 sold in over 5k, with the strip breaking through new intraday lows, the lowest prints since mid March.
  • Next support in ERZ3 is at 96.00, and Bunds gets dragged by the short end.

EQUITIES: EU Bank stock call buyer

Jun-19 12:23

SX7E (21/06/24) 110c, bought for 6.65 in 6k vs 2.7j at 106.30 in U3

US: MNI POLITICAL RISK - Blinken China Trip Achieves Modest Goals

Jun-19 12:19
  • US Secretary of State Antony Blinken says he expects, "additional visits by senior US officials to China over the coming weeks," after a key meeting with Chinese President Xi Jinping this morning, but fails to make progress restarting military-to-military contact.
  • Senate appropriators will meet on Thursday to set topline spending numbers for the 12 annual appropriations bills, a meeting which will provide more clarity about the risk of a government shutdown.
  • Republicans have warned the Biden administration against pursuing a nuclear deal with Iran without the approval of Congress.
  • Talk of President Biden pursuing a 14th Amendment strategy to permanently suspend the federal debt ceiling has receded.
  • Former Vice President Mike Pence has continued to stake out a fiscally conservative position in his long shot bid for the White House.
  • NATO members are increasingly likely to call on NATO Secretary General Jens Stoltenberg to stay in office for another term as the alliance struggles to find a candidate who could receive the support of all members.
  • Poll of the Day: About three-quarters of Americans think Former President Donald Trump has done something either illegal or unethical.
Full article: LINK