Free Trial

Focus on PMIs today

  • Bund trades within the overnight range (176.96/177.11), with attention turning to PMI releases.
  • The contract is better offered, ahead of initial support at 176.86, as the street expects the data to show continued growth.
  • Curves are in turn leaning steeper, albeit in tight trading ranges.
  • We have no speakers scheduled for the session, all attention on PMI, ahead of the awaited Jackson Hole on Friday.
  • Supplies, only sees bills, which won't impact the contract.

To read the full story



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.