German fixed income futures have stuck to.....>

BUNDS: German fixed income futures have stuck to tight ranges thus far,

operating on low volume.

- Schatz +0.005, Bobls +0.040, Bunds +0.09.

- ECB's Mersch spoke with BBG late on Friday, stating that he is "confident that

ultimately a rebound will happen," with reference to the EZ economy.

- Elsewhere ECB Governing council member Vasle pointed to familiar risk matters

as he addressed the Slovenian press on Saturday.

- It is also worth noting that the weekend saw continued speculation surrounding

a Deutsche Bank-Commerzbank merger.

- On the broader European front, AKK, the leader of Germany's ruling CDU, warned

against "European centralism", in her response to French president Emmanuel

Macron's "European renaissance" address.

- Participants also remain cognisant of developments in Italy. Late Friday,

Stefano Buffagni, an undersecretary to Italian PM Conte, confirmed that the

ruling government has requested that some of the Bank of Italy's top officials

be replaced.