Trial now

Stocks Stronger, But Bounce in US Futures Shallow


BOC interview


Estoxx futures spread

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • Few questions on the GBP bid this morning, but we have not seen a clear new trigger.
  • The Pound is bid across the board and making new highs against the EUR, USD, JPY.
  • Some desks suggest some short cover ahead of the key support at 1.3567.
  • Cable has now gained 1.34% since Tuesday's low, and that's despite Delta variant concerns and NI protocol issues.
  • Resistance in Cable moves down to 1.3774
  • EURGBP is through support and now eye 0.8561 the July 19 low.

Chart source: Bloomberg/MNI