Trial now
BUNDS

Spread dominates the overnight session

GOLD TECHS

Approaching The Base Of The Bull Channel

WTI TECHS

(F2) Bounces Off Yesterday’s Low

MARKET INSIGHT

What to watch

Gilts have soared against the..........>

GILT SUMMARY
GILT SUMMARY: Gilts have soared against the backdrop of disarray in the
government, with PM May`s Brexit deal and her leadership in the balance.
- The Dec 18 Gilt future is up 147 ticks at 123.29, having hit a high of 123.40
today.
- It has been an extraordinarily strong day across the cash curve, with the
belly outperforming: 2-Yr yield down 9.5bps at 0.692%, 5-Yr down 15.3bps at
0.914%, 10-Yr down 14.8bps at 1.358%, and 30-Yr down 7.4bps at 1.909%.
- Short Sterling soaring esp in longer dated contracts; late 2021s up 17 ticks.
- MNI PINCH showing 2019 BOE hike totally priced out, only 70% chance of one by
Dec19, vs prev. 100% prob by Sep19 meeting.
- No respite from Brexit headlines today; next flashpoint will be PM May giving
a press conference at 1700GMT. 
- Speculation swirling over a Conservative Party confidence vote on May`s
leadership; latest is that could be held Monday.