Free Trial

Bunds extending higher here. Liquidity stay...>

BUNDS
BUNDS: Bunds extending higher here. Liquidity stay relatively a very small in
terms of volumes.. 181k in just over 3 hours
*Technically, the near term outlook is unchanged. Difficult to see higher yields
and as such the contract is expected to remain underpinned.
-Initial resistance projection which was also -0.4% in yield at 173.94 has held
for now. We printed 173.90 high and -0.399% in yields. 
NOTE: 0.40% in Yields today = 173.88. That 173.88-173.94 is strong and key for
further upside momentum. Above the latter sees next projection at 174.29,
174.48, 174.71, 175.08 and the 0.5% in yields = 175.46

To read the full story

Close

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.