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JGBS AUCTION

Japanese MOF Sells Y2.0207tn 5-Year JGBs:

US TSY OPTIONS

TYQ2 115.00 Puts Blocked

JGBS

PREVIEW: 5-Year JGB Supply Due

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Equities extend gains

CROSS ASSET
  • No clear spillovers from the bid in Equities and the fall in Govies, going into USD.
  • We may start seeing the USD moving lower, if we get more momentum.
  • Gold is moving lower, and taking its cue from the Risk on/Risk off tone the past few sessions.
  • Risk is on, Gold is lower, and next support comes at $1950 for the precious metal.
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com

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