June 03, 2024 06:13 GMT
A busy week ahead
BUNDS
- Well over half the Front Month traded volume is spread related in Bund, and Eurex spread will dominate at the start of the week, ahead of Expiry Thursday.
- The June contract is still front for now, with very little change, trading well within Friday's range.
- Resistance is at 129.43 (Friday's high), while support is still seen at the 2.70% Yield resistance, circa the 128.75 area.
- It is a busy week ahead, today includes, final Manufacturing PMIs for France, Germany, EU, UK and US.
- US ISM manufacturing/price paid will also be watched.
- SPEAKERS: ECB Simkus on Lithuanian's financial stability.
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