German fixed income futures ticked higher.....>

BUNDS: German fixed income futures ticked higher in Asia-Pacific trade, drawing

support from the broader risk-off flows observed on the back of a Globe & Mail

report that suggested that the U.S. is set to proceed in seeking the extradition

of the Huawei CFO from Canada.

- Schatz +0.010, Bobls +0.060, Bunds +0.23.

- This week's domestic data is headlined by the PMI, ZEW & IFO surveys (ZEW is

due today), with more focus likely to be placed on the rhetoric employed at this

week's ECB MonPol decision, the broader EZ PMI data & Brexit developments.

- UK PM May's Plan B Brexit looks a lot like Plan A, with chief EU negotiator

Barnier pushing back against any amendments to the Irish backstop, despite this,

the PM seemingly remains upbeat re: the prospect of negotiations with the EU.

- Worth noting that tensions between Italy and France are picking up, with a

focus on Italian criticism of France's policies in Africa.

- On the issuance front, Germany will come to market with 5-Year paper on

Wednesday.