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USDCAD Unwinds Half Of Risk-Off Jump


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US TSYS: T-Notes edge back from best levels on positive developments surrounding
U.S.-China trade relations.
- Risk assets are benefitting from RTRS headlines noting that MOFCOM has stated
China Vice Premier Liu He spoke by phone with U.S. Tsy Sec Mnuchin & U.S. Trade
Rep. The report notes that the "two countries exchanged opinions on implementing
consensus reached by two leader & also exchanged views on pushing forward
timetable, roadmap for next stage of trade talks." U.S. equity index futures
have erased a chunk of their early losses.
- Eurodollar activity remains limited with the whites and reds trading unchanged
to 0.5 tick higher last.
- T-Notes last 120.22, U.S. 10-Year cash Tsy yields last 2.850%.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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