Supplies and EU Summit

Bund sees decent buying volumes on the open, with Equity futures ticking lower since the Govie opening bell.

• Chance of a US Stimulus package before the election, are all but gone according to Mnuchin, blaming politics.
• France is "a couvre feu" following Covid spikes, and the data across Europe paint a bleak picture, with numbers worst than the initial first wave.
• Very little on the data front, and focus this morning will be on supplies with Spain 5yr, and France 5/6/7yr and linkers.
• ALL EYES of course on the EU Summit:
• Today's schedule (local time):
• 13.30 Arrival 1
• 14.00 Arrival 2
• 15.00 Roundtable
• Press conference following the first day of the meeting