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Steady ahead of US PPI

CROSS ASSET
  • Cross assets remains steady this morning, and as the US joins the session.
  • EGBs are still in the green on the margin, but they still hover at the lower end of ranges.
  • Similar for FX, although the USD trends in the red against G10s, the Dollar is still mostly up over the past 5 days, besides against the CAD.
  • The Dollar is circa flat versus the NOK, NZD, CAD, EUR.
  • The Pound is the small best performer, by just 0.2%. after Cable made an attempt at 1.1961 yesterday, the February low, but only managed to print a 1.1990 low.

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