SocGen's Overnight Economic News Summary
BY MT Newswires | ECONOMIC | 12/02/25 05:53 AM EST05:53 AM EST, 12/02/2025 (MT Newswires) -- Societe Generale in its early Tuesday economic news summary pointed out:
-- US dollar (USD) mixed, 10-year United States Treasury consolidates after 7bps jump on Monday to 4.086% on Japanese government bond (JGB) sell off, higher oil, U.S. issuance. 10-year JGB auction solid overnight, b/c 3.59 times versus the six-month average of 3.40 times. Finance Minister Katayama: The specific methods of monetary policy are, and should be, left to the Bank of Japan, as a general rule, and I also believe this is the case. Bund yields near overbought levels at 2.75%.
-- Day ahead: Eurozone flash consumer price index. European Central Bank speaker Dolence. Federal Reserve's Bowman.
-- Nikkei +0.2%, EUR 10-year IRS unchanged at 2.80%, Brent crude +0.2% at $63.3/barrel, Gold -0.4% at $4,217/oz.
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