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SPAIN DATA

PMI data paints a familiar story - but is pre-Omicron

SILVER TECHS

Trading Lower

SPAIN DATA

Manufacturing PMI 57.1 (57.9 expected, 57.4 previous)

WTI TECHS

(F2) Downside Risk

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The Japanese Ministry of Finance (MOF) sells Y599.4bn 40-Year JGBs:

  • High Yield: 0.725% (prev. 0.770%)
  • Low Price 99.15 (prev. 97.62)
  • % Allotted At High Yield: 91.4874% (prev. 40.9523%)
  • Bid/Cover: 2.367x (prev. 2.525x)