German FI futures tracking Tsys higher;.......>

BUNDS: German FI futures tracking Tsys higher; Schatz +3.0, Bobls +9.0, Bunds

+35. This comes after the strong headline NFP print weighed on the space on

Friday.

- A CNBC interview with ECB's Villeroy was run in early Asia hours, although

nothing in the way of fresh content was evident in the headlines. Villeroy once

again stressed that there must be no doubt in the ECB's determination to act &

capability to do so if & when it is needed. Villeroy also highlighted the Bank's

data dependence, stating that the Bank looks at fin'l mkts, but is not driven by

them.

- It is also worth highlighting that the centre-right New Democracy party ousted

the incumbent SYRIZA in the Greek elections & is on track to secure an outright

majority in the Greek government.

- Meanwhile, Deutsche Bank formally unveiled a plan that involves cutting large

portions of its trading unit, shedding 18,000 jobs and segregating off EUR74bn

of assets into a so-called "bad bank."

- German industrial production & trade balance headline the local docket today.