Spreadex Market Update
Asian markets edge higher
European markets are stable and have opened down marginally across the board. Basic materials and oil & gas outperform here in London.
Today is expected to be light on macroeconomic news and provide little in the way of direction for future risk appetite. Both bond and equity markets reflect this theme, trading in narrow ranges. Yields are virtually unchanged for Bunds and Gilts. Sterling, for a change, outperforms euros.
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