Trial now
CROSS ASSET

Commodity-Tied Dollar Bloc Leads

JGBS

Cheaper On Wider Impetus

AUSSIE BONDS

YM Off Lows, Trouble Staying Offered In Wake Of GDP

FED

VIEW: BNP Paribas: Faster Tapering

US EURODLR FUTURES

Some Light Selling Seen

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  • EURUSD has moved to its high of the day (1.1646 at writing) following the German PMI print which cited "unprecedented" output price rises. But it is still someway off yesterday's high and the first resistance seen at the Oct 19 high of 1.1669.
  • Fixed income and the Euribor strip have seen very little reaction to the data.