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Bull flatter in early trading

BUNDS

Bund is bull flatter in early trading, and up 20 ticks, with risk off leading cross assets.

  • Safe haven are favoured with Gold gaining $25 in the past 2 hours, since Trump's positive Covid test results.
  • Semi core are trailing Bund somewhat, and as such peripherals are trading a tough wider with Greece 1.1bp at 154.9bps.
  • We have little of note on the data front in Europe, and focus is squarely on the Barnier/Frost talk.
  • EU special council enters its second with arrivals at 08.30BST.
  • ALL EYES on NFP this afternoon.
  • Speakers Sees ECB Holzmann and de Guindos

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