skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration

Broader market developments on Thursday

** Core EU debt rallied from the onset, taking que from a slight risk off bias in equities and firmer USTs overnight, with 10yr Gilts leading the charge having briefly touched a 50-day high of 102.5360

** Bunds appeared capped though by surprisingly firmer M3 money supply/credit loans combo. Light afternoon agenda saw US jobless claims fall 10k as expected, while wholesale inventories beat at 0.9% m/m in Nov vs 0.2% f/c

** EU equities remained narrowly in the red across the board in seasonally thin liquidity

** iTraxx indices are on course for their second consecutive day of widening. Main touches widest level in two weeks


Market Snapshot (15:21)

  • SXXP -0.24% / SX7P -1.07% / FTSE MIB -0.17%
  • Brent +0.25% at USD56.36
  • iTraxx Main +1.1 at 73.8 / Crossover +2.9 at 295.1


What to watch for on Friday (New Years Eve)

** Data: Spain reports preliminary CPI figures with the EU Harmonised measure seen picking up to 1.0% in Dec from 0.5% previously, while US releases its latest Chicago PMI (exp 57.0 from 57.6 prev)

** Events: None scheduled

** Supply: None scheduled


SSA Priced / SSA Pipeline

CORP Priced / CORP Pipeline

FIG + Covered Priced / FIG + Covered Pipeline


Recommended Articles

;

Any questions? Speak to a specialist

Would you like to request sample data or analysis from Informa Financial Intelligence? 

See how our tailored solutions can help you gain a competitive advantage: