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CANADA

Snap Election Speculation Continues To Mount

BUNDS

Test yesterday's high

US TSYS

Curve Flattens Further Ahead Of Jobless Claims

COMMODITIES

Oil Markets Off Bottom, But Bounce is Shallow

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  • SAGB's firmer this morning in the lead-up to the SARB (1400BST) - seen bull steepening with 2Y yields -2bp
  • USD/ZAR -0.26% broadly tracking the BBDXY and global risk sentiment after bouncing off 14.50 support
  • T40 Index trade +0.83%, with retailer Mr Price topping the charts
  • 3x6 FRA-Jibar spreads still elevated at +33bp ahead of the SARB, having declined from +40bp on 14 July

  • 3x6 FRA - Jibar Spread