June 28, 2022 06:17 GMT
Focus turns to Speakers
BUNDS
- A light overnight session for Bund, a 72 ticks range with just 5k lots traded pre cash open.
- Support will be seen at yesterday's low 146.03, while resistance moves down to 147.27.
- ALL EYES will be on ECB speakers today, following the poor set of data of late.
- There's very little in terms of market moving data out of Europe, French Consumer Confidence is the only notable one.
- More focus on US Wholesale Inventories.
- SUPPLY: German EU4bn Bobl (Equates to 34.9k Bobl), should weigh into the bidding deadline. UK £1bn 2031 linker (won't impact Gilt), and US $40bn 7yr notes.
- SPEAKERS: Focus is on speakers, with ECB Lagarde, Elderson, Panetta, and Fed Daly.
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