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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GILTS
- Gilt futures are still lower on the day (unlike Bunds and Treasuries) and still compared to Friday gilt's are lower (also unlike Bunds and Treasuries).
- Despite this, gilts have reversed much of their early sell-off and were within a pip of closing the gap on the chart, but hit a high of 118.34 and bounced lower (Friday's low was 118.35).
- However, from a technical perspective we are also tracking the 5s30s curve. We have hit resistance around the 200-dma again earlier this morning (having done so twice in March and in April). The 200-dma has provided consistent resistance recently. A bounce off of it again today suggests that the market isn't ready for a steeper curve yet.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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