Markets Showing Signs Of Life

Yesterday's positive risk tone continued in Asia as they returned from the long weekend.

China's equities not looking quite so hot...

U.S. equity futures slightly green, yields and USD slightly lower.

Overnight data:

• Aussie house prices up 7.5% YoY, 5.4% QoQ
• RBA Minutes offered nothing new

UK lockdown extension: GBP barely flinched by the time BoJo and has brilliant barnet made the announcement. The decision was flagged well in advance.

There's a new trade deal to soften the blow...

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Tim Vollans

• Spain

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