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Equities drift lower

CROSS ASSET
  • A pretty impressive start for Bund, still stuck in a 23 ticks range, overnight and since the cash open, now nearly 1 hour and a half ago.
  • The early small action is in Equities, losing a few points into and since the cash open, but well within yesterday's ranges.
  • Similar in FX, with most G10 pair/crosses trading in tight ranges, 33 pips for the EURUSD, 26 pips for Cable.
  • AUD continues to be the worst performer, following the RBA's unchanged rate, and testing the intraday low now, as Equities drift lower.

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