News
Pre-New York: durables beat as Gulf strikes keep risk high before the Fed
Pre-New York: durables beat as Gulf strikes keep risk high before the Fed
- Since London: French consumer confidence 80 vs 85 expected, lowest since June 2013; euro area M3 3.5% vs 3.4%; HSBC down 7% in London; UK 2032 gilt sale covered 3.51x; German Schatz covered 1.3x at 3.08%
FO view: A firmer headline durables print and fresh Gulf strikes keep yields and the dollar supported, but with the Fed tomorrow the cash open looks set to wait.
Not investment advice.