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NFP and AHE are at the forefront

BUNDS
  • German 10yr yield remains above the 2.10% mark overnight, but future breaks the tight overnight range (20 ticks), following the German IP beat, to challenge the 2.13% (equated to 138.50 yesterday), the 61.8% retrace of the 28th September/October fall.
  • Further downside traction in Bund, would see 138.05 Low Oct 3 next.
  • There's no tier 1 data left for Europe, Italian Retail sales is scheduled, and of course, on the other side of the Ponds US NFP, but also watch AHE going forward.
  • SPEAKERS: BoE Ramsden, Fed Williams, Kaskari, Bostic, but unlikely to hear anything new from Fed speakers.

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