EURJPY TECHS

Breaks Through Channel Base

USDJPY TECHS

Attention Remains On The Bear Channel Top

EURGBP TECHS

Approaching Key Support

GBPUSD TECHS

Pulls Back From Key Resistance

EURUSD TECHS

Sell-Off Extends

EQUITIES

European Stocks Edge Higher

AUSSIE BONDS

Month-end flows in the driving seat, with the long end outperforming in cash trade on the back of the huge month-end extensions stemming from the large syndication of the new ACGB Jun '51 (as we highlighted earlier this week). Futures a little more contained, with YM unchanged and XM +2.0.

  • Bills sit unchanged to -1 through the reds.
  • No movement for the space on the back of local data, nor on the Chinese official PMI readings.
  • The AOFM provided a typical issuance slate for next week.