Couple of points to bear in mind before taking any positions:
Borrowing costs:
Sterling 0.52125% +0.0025
Dollar 0.23660% -0.0010
Euros 0.26286% -0.00714
Swaps up @ 81.50 above support @ 79.50
10s spread up +0.07%
- Calls for cuts to the ECB refinancing rate growing
- Federal Reserve says it's now watching EM developments
- Sterling Futures now pricing in IR hike this year
Have a nice weekend all .
Borrowing costs:
Sterling 0.52125% +0.0025
Dollar 0.23660% -0.0010
Euros 0.26286% -0.00714
Swaps up @ 81.50 above support @ 79.50
10s spread up +0.07%
- Calls for cuts to the ECB refinancing rate growing
- Federal Reserve says it's now watching EM developments
- Sterling Futures now pricing in IR hike this year
Have a nice weekend all .
Hear the music before the song is over ...