STIR futures markets have moved higher this....>

STIR: STIR futures markets have moved higher this morning, led by short

sterling. Politics continues to weigh on UK sentiment. After reports from Robert

Peston that talks are breaking down between the government and Labour, the Sun

political editor has tweeted that May will set out a timetable for her

departure, possibly as soon as in today's 1922 Committee meeting at 5pm BST.

Short sterling Whites are unch to 3 ticks higher, Reds 3.5-4 ticks higher,

Greens 4.5 ticks higher and Blues 5-5.5 ticks higher.

- The Eurodollar strip has moved higher in sympathy, helped by Reuters headlines

that China has "backtracked on nearly all aspects" of the US trade deal and

following concerns that Iran has threatened to resume production of higher

enriched uranium in 60 days. Whites, Reds and Greens are 1-1.5 ticks higher with

Blue 1.5-2 ticks higher.

- The Euribor strip is largely unch or 0.5 ticks higher. Better than expected

German industrial production has seen moves in the strip more constrained than

its G3 peers.