U.S. tens up over 5 full ticks overnight.
Mini S&P Gap down on open but still a long way from Wednesdays low point.
I expect the bund to open higher today...Negating the moderatly heavy Friday close. If it holds above 139.73 this am we could see a test of 140.06/12 region.
As the 17th gets closer we still don't seem any closer to a resolution so my "fade bad news" becomes all the more risky. Especially as we a re quite some way from the previous bund high.
€ Curve, I still favour steeper curve but tighten stops a little until uncertainty in he US is taken away.
Very little on the data front and as its a U.S. bank holiday I anticipate a slow afternoon.
Good Luck
Lee
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