Trial now
GBPUSD TECHS

Outlook Remains Remains Bullish

COMMODITIES

Iran Deal Headlines Prompt Sharp Oil Sell-Off

US 10YR FUTURE TECHS

(M1)‌‌ Bearish Focus

EURUSD TECHS

Resumes Its Upleg

US EURODLR OPTIONS

Late Trade

US TSYS
US TSYS: T-Notes had a brief look through Monday's high at the re-open but have
faded from opening highs to trade at settlement levels at writing, last 127-30.
- The contract went out around best levels on Monday, with yields 3.5-4.3bp
lower across the curve on the day, although T-Notes witnessed light volume on
the first trading day of the week.
- The Dallas Fed manufacturing survey added to the string of recent soft m'fing
indicators (namely Empire, Philly Fed & flash Markit PMI).
- Elsewhere Monday, we heard from Fed's Kaplan who urged policymakers to allow
events to unfold before lowering interest rates, adding it's too early to judge
whether trade tensions and a global economic slowdown will cause a material
deterioration in the U.S. outlook.
- Geopolitical worry namely re: Iran & the build-up to the G20 summit dominate
traders' minds early this week.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com