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EQUITIES

Selling going through in Estoxx

SILVER TECHS

Bullish Focus

MARKET INSIGHT

What to watch

SPAIN DATA

Spanish Factory Gate Inflation Soars to 35.9%

GILTS

Opening calls

USD

USDNOK is up 0.49% in early trade

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Initial comments from Banxico Governor nominee Victoria Rodriguez testifying at senate:
  • Inflation spike has had second round effects
  • Banxico has been prudent in fighting inflation
  • Banxico autonomy has been central to credibility
  • Important to keep Banxico's single mandate
  • Projections post decisions central to monetary policy (All BBG)