Trial now
USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

US TSYS
US TSYS: Chinese equity market moves were under the microscope again, with a
round of +ve leading comments from state-owned media putting a bid into the
space from the re-open. Although gains were tempered on closer inspection, with
some of the outlets pointing to the need for rational investing, which saw the
space back from best levels. Elsewhere, U.S. Secretary of State Pompeo provided
typical hawkish rhetoric re: China/Hong Kong, but this is a familiar risk (much
like COVID-19), with the market likely needing clear intent re: escalation in
the matter to trade actively. Still, T-Notes have drawn light support and last
print +0-02 at 139-01+, confined to a 0-05+ range. Yields sit unchanged to 0.5bp
richer across the curve.
- Fed's Bostic told the FT that high-frequency data for the region under his
jurisdiction has "shown a "levelling off" of economic activity both in terms of
business openings and mobility."
- E'dollars +0.5 to -0.5 thru reds. Flow saw a decent sized buyer of EDU0.
- JOLTS job openings, 3-Year supply and Fedspeak from Quarles, Daly & Bostic
headline Tuesday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com