March 17, 2023 14:44 GMT
Broader base buying in Global Govies as Equities fall
CROSS ASSET
- EURJPY drifts towards 140.00, as Equities extends losses.
- Stoxx600 Bank stocks are down 3.36%.
- The move in Equities is helping the broader base bid across Govies, with the Long end Germany strip, BTP, OAT, Gilt and on the follow US Treasuries all at new intraday highs.
- Next resistance in Gilt is at 106.88 High Feb 6 (cont).
55 words