Today we are taking a look at:

  • Yields higher, front end reprices sharply but remains relatively illiquid
  • Emerging markets hold onto gains made in the week
  • Oil extended its retreat as investor appetite for risk assets shrank and uncertainty persisted over how much OPEC output will need to be cut to counter booming
  • Asian markets are trading softer this morning as investors exercised a bit of caution ahead of US earnings season which kicks off today
  • UK industrial production contracts sharply in November, US December CPI slumps due to energy costs

If you are looking for more relevant market commentary, have a look at our other Markets and Research.