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Expiries for Mar08 NY cut 1000ET (Source DTCC)

CORN TECHS

(K1) Still Below The Feb Highs

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The Bank of England unveiled details of its 2021 bank stress tests Wednesday, having skipped them in 2020 due to the pressures of the Covid pandemic. The stress tests scenario sees unemployment peaking just under 12% and a 33% fall in UK commercial and residential property values. The aim is to assess how much stress banks can take before cutting back lending. Banks have to submit their credit data by April and the test results will be published in Q4 this year.