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Some reversals post US Data

CROSS ASSET
  • A 20 ticks swing in Bund, with the data looking mostly looking close to inline across the board.Core PCE Price Index MoM sees a small 1 tenth higher revision.
  • Personal income was 1 tenth higher, while spending came 1 tenth lower, and was revised 1 tenth lower.
  • Looking at Equities, Emini has pulled back from its session high and back to pre Data level, despites Treasuries still finding a bid.
  • GBPUSD jumped close to 20 pips but has faded, although still a little short of pre data level, was trading around 1.2644.
  • EURUSD did jump a small 14 pips, but is back at pre Data level.
  • Small upside continuation are mostly seen in Bonds and Gold.

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