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AUSSIE BONDS

Early Vol. Observed In YM

US TSYS

Flat Restart After Aggressive Twist Flattening

AUSSIE 10-YEAR TECHS

(Z1) Off Lows, But Remains Weak

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  • Stock markets across Europe trade higher, with gains of between 0.1-0.5%, with UK's FTSE-100 and Spain's IBEX-35 outperforming slightly, while Germany's DAX trades with only minor gains of 0.1%.
  • US futures are less positive, with the S&P and NASDAQ futures both sitting in minor negative territory as markets consolidate and range-trade ahead of the CPI figure later today.
  • Europe's energy and financials sectors are leading the gains, countering the downside seen across tech and consumer discretionary sectors.