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UK DATA

PMI: More focus on inflation

EUROPEAN DATA

PMI: "Survey-record price increases"

US-CHINA

Biden Commits To Taiwan Defence, Beijing Pushes Back

DATA REACT

EURUSD to high of the day but limited FI reaction

MNI, NEWS
MNI: US DEALER POSITIONS IN US TSYS +$9.7B TO $148.0B JUN 27 WK
US DEALER POSITIONS IN AGENCIES -$2.8B TO $11.1B JUN 27 WK
US DEALER POSITIONS IN MORTG BACKED +$1.9B TO $60.0B JUN 27 WK
US DEALER POSITIONS IN US CORP SECS -$5.3B TO $19.7B JUN 27 WK
US DEALER POS IN STATE, MUNICIPAL -$1.5B TO $28.3B JUN 27 WK
US DEALER POSITION IN ASSET-BACKED -$0.1B TO $11.3B JUN 27 WK
US TSY SEC (EX TIPS)FAILS TO DELIV -$17.3B TO $73.3B JUN 27 WK