Core EGBs are fairly steady to open.....>

EGB SUMMARY: Core EGBs are fairly steady to open Friday, with Brexit deal

fallout eyed and ECB speakers ahead.

- Bunds are a little weaker as equities have picked up, Dec 18 Bund future down

15 ticks at 160.66, having traded in a range of 160.54-160.72 so far.

- Curve is a little steeper: 2-Yr yield is up 0.4bps at -0.586%, 5-Yr up 0.8bps

at -0.227%, 10-Yr up 0.7bps at 0.367%, and 30-Yr up 0.3bps at 1.035%.

- Italian BTPs are a little weaker, with little sign of easing tensions between

Rome and Brussels. Il Messaggero reported Deputy PM Salvini saying PM Conte

would meet with EC's Juncker next week over Italian budget plans.

- Dec 18 BTP future is up 27 ticks at 121.61; 10-Yr spread vs Bunds down 3.4bps

at 310bps. Italy outperforming among EGB periphery; Spain, Greece, Portugal

spreads down 0.1-1.2bps each.

- Draghi speaks at a conference in Frankfurt from 0830GMT, with Weidmann

expected to speak at 1300GMT.

- Italian industrial orders will be published at 0900GMT, followed by both

Italian and eurozone final October CPI at 1000GMT.