Gilts are pushing higher first thing...>

GILT SUMMARY: Gilts are pushing higher first thing Tuesday as the US's Chinese

tariff announcement on Monday has led to retaliation by Beijing.

- The Dec 18 Gilt future is up 6 ticks at 121.47, having traded in a range of

121.33-121.48.

- The shape of the Gilt curve remains flat to open the day, with 2-Yr yield down

0.4bps at 0.816%, 5-Yr yield down 0.4bps at 1.133%, 10-Yr down 0.4bps at 1.532%

and 30-Yr yield down 0.4bps at 1.873%.

- Short Sterling is up slightly, with most Red through Blue futures contracts up

by 1.0 tick.

- Quiet day on the UK economic data front, picks up Wednesday with CPI/PPI data

for August.

- Attention later this week on the Salzburg summit of EU leaders, kicking off

Wednesday.