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USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

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  • Gilts find a bid, following: "Sunak: borrowing to fall to 1.5% OF GDP at the end of the forecast horizon"
  • Andd esk expectation on Gilts cut remit.
  • The move and the outperformance has helped the Gilt/Bund to tighten further after we tested multi year high this month.
  • The spread is now tightest since end of September