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BUNDS: A steady overnight session

BUNDS
BundesbankCentral Bank NewsCEEMEAEurozoneGermanyBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • A steady range for Bund overnight, French OAT had a small 10 ticks gap lower, following Fitch revising the French rating outlook to negative, but this was closed, a tiny move overall.
  • Although the futures contract broke out far lower on the US CPI last Thursday, the Yield level of 2.30% has held last Friday, printed a 2.299% high.
  • The 132.93 area remains the initial support (2.30%), and a break through will open to 132.65, the September low, followed by 2.35% in Yield, circa 132.42.
  • Resistance is still seen at 133.80 initially.
  • The US are out for Columbus Day, but Markets are open, besides US Cash Treasuries.
  • It's a lighter Week on the Data front out of Europe and the US, European CPIs will be final readings, and out of the US, only IJC and Retail Sales stands out.
  • There'll be some focus on few CPIs, out of Canada, New Zealand, UK, and Japan.
  • The ECB will be at the forefront with a widely expected 25bps cut on Thursday.
  • SPEAKERS: ECB Villeroy, BoE Dhingra, Fed Kaskari (x2), Waller.
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  • A steady range for Bund overnight, French OAT had a small 10 ticks gap lower, following Fitch revising the French rating outlook to negative, but this was closed, a tiny move overall.
  • Although the futures contract broke out far lower on the US CPI last Thursday, the Yield level of 2.30% has held last Friday, printed a 2.299% high.
  • The 132.93 area remains the initial support (2.30%), and a break through will open to 132.65, the September low, followed by 2.35% in Yield, circa 132.42.
  • Resistance is still seen at 133.80 initially.
  • The US are out for Columbus Day, but Markets are open, besides US Cash Treasuries.
  • It's a lighter Week on the Data front out of Europe and the US, European CPIs will be final readings, and out of the US, only IJC and Retail Sales stands out.
  • There'll be some focus on few CPIs, out of Canada, New Zealand, UK, and Japan.
  • The ECB will be at the forefront with a widely expected 25bps cut on Thursday.
  • SPEAKERS: ECB Villeroy, BoE Dhingra, Fed Kaskari (x2), Waller.