The space was dragged higher by the soft......>

BUNDS: The space was dragged higher by the soft Chinese trade data breakdown,

although volumes remain limited. Schatz +0.015, Bobls +0.090, Bunds +0.22. 

- The weekend saw ECB's Nowotny (one of the more hawkish ECB members) pointing

to a need for caution when the ECB finally embarks on its hiking cycle.

Elsewhere, Nowotny noted that he is unclear re: the duration of the current

German econ vol.

- Talk of a Deutsche Bank/Commerzbank tie up continue.

- Italy's Tsy minister attempted to play down worries re: recession.

- French President Macron stuck to his central reform agenda in an address made

over the weekend.

- Also worth noting that political uncertainty is evident in Greece, with the

junior coalition party leaving the ruling coalition over the weekend, with a

confidence vote in the government now scheduled for this week.

- Final Dec German CPI data is due Weds, with various ECB speakers due during

the week. The meaningful vote on Brexit will also draw attention & is scheduled

for Tues. Germany is set to come to market with 30-Year supply on Weds.