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cash open

EQUITIES

Better selling in Equities during the EU cash open, with VGU0
seeing 5k sold, but off its low of the day at 3300.00.

  • This is triggering some better buying interest in core Govies, Schatz
    bought in 5k, while Tnote sees 3.1k going through.
  • Bunds are up 12 at 176.23, while Schatz trades 1.5 tick lower at 112.025.
  • The second wave of Covid cases is driving risk assets, as the UK
    tells people returning from Spain to quarantine for 2 weeks.
  • Focus turns to the German IFO at 09.00BST.

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