6
Things You Need to Know
European bourses are
bolstered in limited newsflow as participants recoup from post-NFP pressure
amid multiple China-related developments
US futures in-fitting with this performance and aided by the
incremental China COVID developments alongside a pick-up in the regions PMIs
GBP is bid, but off highs, going into the no-confidence vote for
PM Johnson between 18:00-20:00BST/13:00-15:00ET today
DXY downbeat as such, to the broad benefit of peers, but still
holding above a cluster of recent lows
Core debt is pressured, with Bund downside lifting EUR, though
BTPs outperform on FT source reports while the US curve flattens incrementally
Crude is contained with gains of circa. USD 1.00/bbl, caught between
Saudi lifting OSPs, El Sharara’s partial resumption and above China-related
factors