The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
*BoE Carney sends a shiver through markets, saying
-that trade tensions had the potential “to shipwreck the global economy”
*Global Bonds sink further, with some hitting fresh record lows…..
-German 10yr -0.37%, UK -9bp/0.72%, whilst US 10yr -5bps/1.97%
-57% of all European Bonds now trading with negative yields…WOW
-resumption of Q/E the next remedy if Europe needs further stimulus ??
*Chinese 7 day repurchase rate plunged to lowest level since May 2015
-dropped 30bps/1.91%, whilst 10yr…