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USDJPY TECHS

Holds Onto Recent Corrective Gains

UK

Timeline of key events (Times BST)

EURGBP TECHS

Sharp Reversal Lower

EUROZONE

Timeline of key events (Times CET)

Gilts are stronger as Brexit heads.....>

GILT SUMMARY
GILT SUMMARY: Gilts are stronger as Brexit heads into the beginning of the
endgame, with skepticism that PM May will see her deal through.
- The Dec 18 Gilt future is up 26 ticks at 122.00, having traded in a range of
121.86-122.06 today.
- The 2-Yr yield is down 2.9bps at 0.773%, 5-Yr is down 3bps at 1.055%, 10-Yr is
down 3.7bps at 1.484%, and 30-Yr is down 2.7bps at 1.948%.
- Cabinet meeting at 1400GMT sees PM May try to get her Brexit deal signed off.
Key Brexiters Gove, Javid said to back deal, among others.
- While it looks like Cabinet will agree, resistance from Labour, hard-line
Conservative Brexiteers & the DUP could sink it in Parliament.
- Sterling and FTSE both weaker, suggesting risk appetite hardly robust.
- If anyone is still paying attention to UK data amid all this, CPI out at
0930GMT. MNI median anticipates a rise in the headline rate to 2.5% (Sep: 2.4%),
however core CPI is expected to remain unchanged from Sep's reading (1.9%).