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Focus on speakers

BUNDS
  • A range bound overnight session for Bund on light volumes, following the 364 ticks session yesterday.
  • The 1.40% yield level has held, although did print as low as 1.391%.
  • Support in Bund moves up to 147.04, while resistance remains at 148.51 High Jun 10, printed 148.45 high yesterday.
  • Very little in terms of data for today, Spanish GDP will be final reading, German IFO, Italian Consumer Confidence, and on the other side of the Pond, US Michigan is also the final reading.
  • SPEAKERS: More focus on speakers, given the latest set of data, and recession right at the forefront.
  • Today includes, ECB Centeno, de Cos, Guindos, Fed Bullard, Daly, and BoE Pill, Haskel.
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