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Equities are finding some demand

CROSS ASSET
  • Continued mixed price action in FX, with USD back at being mixed in G10s, but the Greenback is still at multi year highs overall.
  • AUD is still the early loser, but initial support seen at 0.6717 has so far held, printed 0.6719 low.
  • USD is close to flat against CAD, GBP, and SEK.
  • CHF is the small best performer, up just 0.16%.
  • Bounce in Equities, with Estoxx futures (VGU2) testing session high, might keep the lid on the USD.
  • Rallies in German Govies have lost steam, but stays underpinned.

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