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JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

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The first sackings from PM Boris Johnson's Cabinet reshuffle confirmed, with Education Secretary Gavin Williamson sending a tweet from his account confirming his departure. Widely expected and unlikely to have any significant impact on markets/UK politics.

  • More influential departure could be in the form of Justice Secretary and Lord Chancellor Robert Buckland. Not confirmed as having been sacked yet, but is being reported by Sky.
  • Rumours circulating that one of the most senior Cabinet ministers, Secretary of State for Foreign, Commonwealth and Development Affairs Dominic Raab could be demoted, with the Justice Ministry seen as a likely destination. If Buckland has been sacked it would leave the spot open for Raab.