Free Trial

Focus is on US prelim Michigan data

BUNDS
  • Bund Is still trading within yesterday's and its overnight range post the Cash open.
  • Small immediate target will be at 138.57 (gap).
  • Above the latter sees yesterday's high at 139.09, and main initial target area at 139.45.
  • Support is at 137.63.
  • This morning sees French and Spanish final CPI readings. Italian IP, but most of the focus will be on the US prelim Michigan.
  • SPEAKERS: Fed Kashkari (welcoming remarks), and Harker (event on Economic outlook).

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.