Free Trial

German fixed income futures continue to.......>

BUNDS
BUNDS: German fixed income futures continue to operate just off of session lows
on the back of the broader risk-on theme apparent during early Asia-Pacific
trade, that came about on the back of more upbeat rhetoric from U.S. President
Trump re: China relations and trade war matters, although Trump did tell RTRS
that he would view a rate hike at next week's FOMC decision as foolish.
- Futures continue to operate around Tuesday's closing levels, with Bunds 20
ticks lower than settlement, Bobls 1 tick higher and Schatz 2.0 ticks higher on
the day. This comes after the German curve flattened Tuesday.
- Worth highlighting French, Irish and Italian bond markets struggled Tuesday on
the back of French President Macron's new spending promises following domestic
protests, Ireland's exposure to Brexit, and Italy's revitalised combative stance
against Brussels re: their budget plans.
- Regional focus remains on these broader matters, in addition to Thursday's ECB
MonPol decision, which will be followed on Friday by flash PMI data from the EZ
& a slew of ECB speakers.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.