The report about ECB’s peripheral bond buying to a particular yield/spread cap was denied by the central bank itself, but the market looks confident today. The RBA confirmed its “wait and see” stance in its monetary policy minutes during the Asian session. The market will be pricing in expectations regarding Wednesday’s FOMC minutes in the US.
Futures for the German DAX 30 (+0.22%) and the French CAC 40 (+0.38%) are signaling a higher open ahead of the 12 and 18-month bond auction in Spain.






