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Bund tests initial resistance

CROSS ASSET
  • A miss for German PMIs too, Bonds are back at session highs, EUR at new lows.
  • Bund test initial resistance at 132.94, and break above would open back to 133.21, although price action could still be somewhat limited as the street await for more PMIs release.
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  • A miss for German PMIs too, Bonds are back at session highs, EUR at new lows.
  • Bund test initial resistance at 132.94, and break above would open back to 133.21, although price action could still be somewhat limited as the street await for more PMIs release.