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Early focus on Supply

BUNDS
  • Desks remain on the sideline overnight, with Bund quoted 2 ticks wide, lack of liquidity persist ahead of a packed Friday in terms of data.
  • Tomorrow will see the release of the German CPI, and this will be followed by Inflation and Growth data from France, Italy, Germany and EC on Friday.
  • There are no tier 1 data for today for Europe with all the focus on Friday.
  • On the other side of the Pond US wholesale Inventories is the only notable release.
  • SUPPLY: Early focus will be on the German EU2bn 15yr (Equates to 21.8k Bund), and Greek 5yr Syndication.
  • Out of the US, $49bn 5yr Note, and $24bn 2yr FRN.
  • SPEAKERS: ECB Lagarde, Muller.
  • EARNINGS: Include Boeing, KraftHeinz, and after market, Meta, Ford, Paypal, Qualcomm

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