STIR futures have continued to.........>

STIR FUTURES: STIR futures have continued to respond to today's positive risk

appetite but most contracts have come off of their lows of the day as the risk

sentiment has fallen back over the past hour or so.

- Eurodollar futures have seen the biggest moves of the day with the curve

steepening in the White area and Reds generally down 6 ticks. Further out the

curve has flattened a little with Greens 3.5-4.5 ticks lower and Blues 2.5-3

ticks lower. President Trump is due to make a televised statement today

regarding the government shutdown with some expecting him to announce a state of

emergency to push through funding for the wall.

- Euribor futures are lower across the strip with Whites down 0.5-1.5 ticks,

Reds 2-3.5 ticks lower and Greens and Blues 3-3.5 ticks lower.

- Short sterling futures have seen less of a fall, with Whites down 0.5-1 tick,

Reds 1.5 ticks lower and Greens and Blues 2-2.5 ticks lower. Tomorrow the Brexit

Select Committee is due to give an update on Brexit negotiations ahead of the

House of Commons beginning their debate. The date for the meaningful vote is now

almost confirmed for Jan 15.