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Day ahead

BUNDS
  • A decent volume for Bund in early trade, as the UK and the US rejoin 2023.
  • Despite a 196 ticks swing in the contract yesterday, it remains within yesterday's range.
  • Initial support moves up to 133.66.
  • While resistance comes at 134.98.
  • Only focus for today is on the Regional and National German CPIs.
  • UK and US Manufacturing PMIs are final readings.
  • Also a busy week ahead, which ends with EU CPI and US NFP/AHE on Friday.

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