Nothing to right home about regarding the Fomc minutes last night, we're as likely to see higher rates by March as we are to see unchanged all year just now. Jun/Sep is where the most money is but if they don't it'll be the RoW's fault for not doing enough to improve their own position. Most fingers will be pointing at the ECB on this point.
So deflation in Europe confirmed as expected, the slight worse than expected being blamed on the recent collapse of Oil prices. Thats just turd polishing. Europe is struggling and with the Greek election 2 days after ECB meet to set stimulus QE question is all up in there air. Draghi cant be pulling any hot air tactics and maintain any level of credibility.
Eu PPi and BOE rate decision out this morning but with NFP out tomorrow today could be rather quiet.
TYA 30 min
Bigger picture is still up but we have some room for a drift lower. I'm looking at ~127.28 to be the decision point whether the trend stays mid term. I do see minor support in front of this being around obvious 128.00. It would take an awful NFP to make a new hi (I think).
Bund 30min
bund 240min
€ curve
€ teds
Eurostoxx 240min
EurUsd future 240min
WTI 240min
;-)
L
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