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Futures Hold Around Thursday’s Highs

US TSYS

The major Tsy futures contracts operate just off their respective Thursday peaks, with cash Tsys closed for the duration of Friday trade owing to the observance of the Veterans Day holiday.

  • While broader headline flow has been light, we note that the Chinese capital city of Beijing has registered the highest number of new COVID cases in over a year. Focus now moves to the daily figures from the current COVID hotspot, Guangzhou, after the Chinese Standing Committee highlighted the need to take targeted measures when it comes to dealing with COVID outbreaks, in order to mitigate the economic impact of such developments. There was no signs of deviation from the country’s ZCS policy in the post-meeting communique.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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