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A busy week ahead

BUNDS
  • Bund is off the overnight low, and a slightly better overnight session, in terms of volumes, albeit light on the cash open.
  • German 10yr Yield tested the 1.15%, but off that level, with futures finding a bid in early trade.
  • Note overnight movers, have been Equities, with the Estoxx (VGM2) opening with a 35 points downside gaps, on fresh sanctions on Russia, another North Korean missile launch, and more restrictions risks in Beijing.
  • Opening gap for the Estoxx is from 3597.00 down to 3562.00.
  • There is no market moving data for the session, US Wholesale Inventories will be final reading.
  • It should be a more muted start for today, with a massive week in store, packed with speakers, and Data, including the US CPI and Wednesday.
  • Speakers will take centre stage.

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