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European Equities are impacting the EUR and Bonds

CROSS ASSET
  • Bund stays underpinned and finds a bid, right on cue with the {eu} Estoxx (VGM4) drifting towards 4900.00.
  • As previously noted, a break through the figure in VGM4, opens to 4863.00, May's low.
  • Following the move in Equities and in turn Bund, the EUR on the follow prints an intraday low against CAD, NOK, CNH, USD, GBP.
  • EURGBP still eye the next key support of 0.8408 Low Aug 24 2022, now trading at 0.8412.

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