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Risk Positive Flows Extend A Little On Yellen-Liu Call


Risk positive flows see a slight extension on the back of headlines pointing to a call between U.S. Tsy Secretary Yellen and Chinese Vice Premier Liu He re: economic, bilateral and global cooperation, with Chinese media noting that the two agreed that coordination between Sino & U.S. policy is important. Details remain limited at present. Broader ranges remain contained.

  • USD/JPY is a little under 20 pips higher on the day, while USD/CNH is ~50 pips softer.
  • E-minis run 0.2-0.5% higher, with the NASDAQ 100 contract outperforming on the previously outlined boost to Facebook's equity buyback scheme.
  • T-Notes -0-02 at 130-16.
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