After a risk-on European morning session,......>

STIR: After a risk-on European morning session, sentiment has taken a turn for

the worse following comments from the Fed's Bostic who has stated that the next

rate move could be in either direction.

- The Eurodollar strip has rallied on these comments with a flattening of the

curve through the H9, M9 and U9 area with the rest of the curve 1.5-2 ticks

higher on the day.

- Short sterling has also been dragged higher with Reds, Greens and Blues 0.5-1

tick higher on the day. The focus in UK markets has firmly been on the Grieve

amendment today which narrowly passed in the House of Commons and means that if

May loses the vote on her deal next week, next steps will need to be set out

within 3 days. At the time of writing BoE Governor Carney is participating in an

online Q&A.

- There has been less meaningful news out of Europe today and the Euribor strip

is between flat to 0.5 ticks lower on the day.