Positive session for both Asian and European equities, while in the US "value" continues to lag as the Dow fell but the Nasdaq ended in green, boosted by Apple. In rates, the treasury curve closed flat and in Europe there were slight declines, except in the UK where there was a 2bps rise. In commodities, crude oil fell for the 6th consecutive session, marking a new low since June as details of the Putin-Trump meeting are being advanced. The VIX rose slightly to 17 along with the flat dollar (DXY 98.15).

Venezuela and PDVSA remain with bids at current levels although volumes are restricted.

Somewhat more activity in Latin American credits today, seeing modest advances of 0.1-0.25pts in the region's major credits, with no names standing out from the average.