That would depend if you are looking at GBPAUD cross rates which you would expect the GBP to under perform. Currently it is buying USD across the board.
I just flip the 10yr Bund and bond price has not been bidded up so that is very strange. I only have a cursory glance at bond prices, never traded them so do not understand the mechanics intimately of bond prices.
Our SPI futures have whipped down massively but then returning to the mean. This is how things will remain until we get a result proper. All these shadow boxing just creates contents for news wires. Hmm, now I know why I did not trade this week!
