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Marginally Extend Gains

US TSYS

Tsys have marginally extended gains in the Asian session today, the uptick has been seen alongside the USD extending losses and US Equity futures ticking higher as Asia digests yesterday's FOMC rate hold and Fed Chair Powell's comments. This leaves cash tsys 2-3bps richer, the belly is leading the bid.

  • TYZ3 deals at 107-13, +0-17+, the next upside target for bulls is 107-22+, the high from Oct 15. The 50-Day EMA comes in at 108-03+.

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