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Looking at turnovers

CROSS ASSET
  • Very limited impact across assets after the US PPI beat.
  • Govies are reversing the downside couple of ticks move.
  • Limited impact in Equities, which remains offered and near their intraday lows.
  • USD saw a small few pips higher, but has lost traction.
  • Volumes in Govies, Rates are below averages.

FX Turnover are faring a little better vs 5 days averages:

  • EUR 44%
  • GBP 62%
  • JPY 79%
  • AUD 57%
  • CAD 37%
  • CHF 49%
  • NZD 117%
  • NOK 12%
  • SEK 49%

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