Free Trial

CROSS ASSET: Estoxx edges back to flat

CROSS ASSET
  • The small bid in Estoxx Futures (VGZ4) brings the contract barely back to flat on the Day.
  • Last Friday's low at 4941.00 has held Yesterday and today, but range stays very limited, just a 20 points range so far on the Day.
  • The US Emini sees some small offers emerging, but the range is limited to a tiny 9.25 points range ahead of the CPI.
  • Tnotes is stuck in a 6.5 ticks range for the session, on below average Volumes with most multi cross assets trading in a holding pattern, with Real Money likely on the sidelines.
94 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • The small bid in Estoxx Futures (VGZ4) brings the contract barely back to flat on the Day.
  • Last Friday's low at 4941.00 has held Yesterday and today, but range stays very limited, just a 20 points range so far on the Day.
  • The US Emini sees some small offers emerging, but the range is limited to a tiny 9.25 points range ahead of the CPI.
  • Tnotes is stuck in a 6.5 ticks range for the session, on below average Volumes with most multi cross assets trading in a holding pattern, with Real Money likely on the sidelines.