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UK Fiscal Matters Lend Support To E-Minis

EQUITIES

The 3 major e-mini contracts have added 0.5% early this week, likely aided by hope re: the UK moving to a more realistic fiscal footing in lieu of weekend comments from UK C'llr Hunt. A reminder that the wider markets have traded with added sensitivity to UK matters/markets in recent weeks, in lieu of the release of the "mini" Budget and subsequent government U-turns on policy plans that were outlined in that release.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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