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Another limited Asia-Pacific session noted....>

BUNDS
BUNDS: Another limited Asia-Pacific session noted for German fixed income
futures, unreactive to the latest round of Brexit headlines, after The Sun
stated that "the DUP have privately decided to back Theresa May's Brexit deal
next week when she toughens it up, in a major breakthrough for No10," adding
that "the DUP are now willing to accept a backstop as long as it's specifically
time limited" - an idea that EU chief Brexit negotiator Barnier has consistently
rejected.
- ECB's Coeure has noted that the ECB may have to adjust its rate guidance at
some point and that it is too early to say if the Bank will hike rates in 2019.
As a reminder yesterday's ECB press conference saw the language surrounding
risks downgraded, with Draghi's opening statement confirming the ECB see risks
to the "downside" rather than "broadly balanced...moving to the downside."
- Schatz -0.030, Bobls -0.100, Bunds -0.07.
- Focus Friday turns to Germany's IFO survey. Elsewhere, Fitch & Moody's will
review Germany's sovereign credit rating.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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