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CROSS ASSET: Bund unwinds from the lows

CROSS ASSET
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  • Bund is still recovering from its earlier low, some Desks are likely squaring and locking some profits as we head towards the later part of the European session.
  • Potential escalation War risks over the Weekend will also be coming into play, as Investors take some of their positions off, with some looking for safer haven.
  • Gold has also recovered to slowly edge back towards pre NFP levels.
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  • Bund is still recovering from its earlier low, some Desks are likely squaring and locking some profits as we head towards the later part of the European session.
  • Potential escalation War risks over the Weekend will also be coming into play, as Investors take some of their positions off, with some looking for safer haven.
  • Gold has also recovered to slowly edge back towards pre NFP levels.