Free Trial

A quick 20 points drop in Estoxx future

  • No clear new trigger for that sudden 20 points drop in Estoxx Futures (VGH3).
  • A 5k lots got sold on the way down, which has helped exacerbate the move, but the lack of momentum, would suggest that the move was led by that selling order.
  • Bund is testing through the initial support at 136.66, printed 136.57 low.
  • The move lower in Govies seemed to have been Equity led, although, the build up in Corp issuance, may also be helping.

To read the full story



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.