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USD Bid, E-Minis Pressured And Bonds Sell Off

CROSS ASSET

U.S. Tsys move lower, with the major Aussie bond futures breaking below their respective overnight lows. This comes as the broader USD trades on front foot and e-minis move lower. We haven’t seen much in the way of overt headline flow, but note that Taiwanese tech giant TSMC has traded heavy since Taiwan markets returned from their elongated weekend, while the Hang Seng Tech index trades heavily.

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

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