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BUNDS: Fell 29 ticks on US ISM

BUNDS
  • It was a quick 29 ticks drop for Bund in what was a punchy US data, but the employment component seems to have limited the downside in futures on both sides of the Atlantic for now.
  • The next support noted in Bund at 134.46 has held after printing a 134.46 low on the US data.
  • Bund is slowly edging back towards pre release, was trading circa 134.75.
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  • It was a quick 29 ticks drop for Bund in what was a punchy US data, but the employment component seems to have limited the downside in futures on both sides of the Atlantic for now.
  • The next support noted in Bund at 134.46 has held after printing a 134.46 low on the US data.
  • Bund is slowly edging back towards pre release, was trading circa 134.75.