CEEMEA OPEN: Pipeline activity cools to end the week

The DXY slipped to a 2-wk low of 105.790 while US cash markets back in action after the Thanksgiving break, however, trade will be thin given many will still be celebrating, there will be an early close and it is Black Friday.

Today is also first notice for Dec USTs. Cash USTs are 2 bp (2s) to 4bp (10s) richer with the curve generally flatter (5s30s marginally steeper).
Note that media circles have been awash with accusations from both the Israelis and Hezbollah on ceasefire violations since Wednesday, with Israel confirming that its air force had hit an alleged Hezbollah facility in southern Lebanon, while its troops had opened fire on "suspects" around Israeli-held zone in the south
Asia-Pac risk assets are mixed. Nikkei/ASX are marginally lower, Shanghai +1.2%, Hang Seng a touch to the good, but the KOSPI is off around 2%. European equity futures are also mixed, FTSE up, Dax/EuroStoxx down. Brent is flat.

Fresh in the CEEMEA Pipeline

On the Radar

Pipeline activity remained subdued this week in CEEMEA, with just the one deal having landed this week, as US markets reopen from the Thanksgiving public holiday yesterday (November 28).

Priced Deals

What to watch on Friday

In CEEMEA, Czech's GDP (8GMT) and S. Africa's Trade balance (12GMT).
An empty agenda in the US.
Central bankers expected to speak today include only the ECB’s Guindos & Nagl

Wider market Sentiment

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