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BUNDS: Looking to close the gap

BUNDS
  • Some two way price action in Govies, but Bund remains within its early traded range, and although there's been a small pick up in Volumes, these are still below averages compared to what we have seen this week.
  • Bund still looks at closing its overnight opening gap down to 133.23.
  • German IFO was a beat, but Inflation expectation came below consensus.
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  • Some two way price action in Govies, but Bund remains within its early traded range, and although there's been a small pick up in Volumes, these are still below averages compared to what we have seen this week.
  • Bund still looks at closing its overnight opening gap down to 133.23.
  • German IFO was a beat, but Inflation expectation came below consensus.