US TSY FUTURES: Post-Weekly Claims Reaction
Jun-22 12:33
Treasury futures making new session highs after weekly claims comes out strong for the third consecutive read (+264k vs. +259k est, +262 prior revised to +264k). Front month 10Y futures tap 113-14 (+4) high post data, scaling back to 113-10.5 on fast two-way trade. Curves bending steeper, 2s10s +1.021a -99.255.
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MNI: US MAY PHILADELPHIA FED NONMFG INDEX -16
May-23 12:30
- MNI: US MAY PHILADELPHIA FED NONMFG INDEX -16
MNI: CANADA APR INDUSTRIAL PRICES -0.2% MOM; EX-ENERGY -0.1%
May-23 12:30
- MNI: CANADA APR INDUSTRIAL PRICES -0.2% MOM; EX-ENERGY -0.1%
- CANADA APR RAW MATERIALS PRICES +2.9% MOM; EX-ENERGY +2.1%
US: MNI POLITICAL RISK - US Daily Brief
May-23 12:28
- There was an uptick in optimism but little concrete progress towards a debt limit deal yesterday following a “productive” meeting between President Biden and House Speaker Kevin McCarthy (R-CA).
- McCarthy told reporters that he believes legislation can be passed, but time is getting very tight. We have a rundown of options available to prevent a default if McCarthy and Biden fail to strike a deal.
- Delaware Senator Tom Carper (D-DE) yesterday became the fourth Senate Democrat to announce his resignation ahead of the 2024 election, opening up a prize Senate seat in a deep blue state.
- More than 100 former Trump administration officials have thrown their support behind Florida Governor Ron DeSantis (R-FL) ahead of his expected presidential campaign launch.
- German Chancellor Olaf Scholz has issued an unusually candid appraisal of US domestic politics.
- A large US trade delegation will travel to Indonesia this week to discuss regional investment opportunities.
- Poll of the Day: The debt limit showdown weighs heavily on President Biden’s approval rating.
Full article: US Daily Brief
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Mar-27 20:13
