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Light Flattening To Start

SONIA

SONIA futures are unchanged to 3bp richer through the blues as the strip flattens to start.

  • Flattening of the U.S. Tsy curve will be eyed early on.
  • XpertHR survey data indicated the level of pay rises in the UK cooled for the first time this year in the quarter to July.
  • A survey collated by Sage flagged that UK small business sales have fallen by 20% over the last year.
  • Flash PMIs present the key domestic risk event today.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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