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BOND SUMMARY

EGB/Gilt: Ending The Week On A Soft Note

CORN TECHS

(N1) Needle Still Points North

SOY TECHS

(N1) Bullish Theme

COPPER TECHS

(K1) Breaks Out Of Its Recent Range

OPTIONS

Larger FX Option Pipeline

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Latest YouGov opinion poll shows that a narrow majority of respondents approved of President Joe Biden's authorisation of air strikes on Iranian-backed militias in Syria last week in retaliation for rocket attacks on a Coalition airbase in Iraq.

  • YouGov: APPROVE- US adults - 51%, Democrats - 60%,Republicans - 48%
  • DISAPPROVE - US adults - 26%, Democrats - 20%, Republicans - 32%
  • Fieldwork 26 Feb-1 Mar, 15,881 respondents.
  • There was pushback against Biden's actions from some members of Congress, both Democrat and Republican, who objected to the lack of consultation with the legislature on behalf of the administration. However, polling indicates that a sizeable proportion of the US population - whether Democrat, Republican, or independents, favour the actions taken by the president.

Source: YouGov