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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessGerman ZEW and Supply the early focus
- Bund trades near yesterday's upper range overnight, and on the Cash open.
- Immediate resistance will be seen at 137.65.
- Support is at the opening gap, down from 136.78 to 136.61.
- Reports by MNI and later by the FT, that the BoE is set to delay QT has been a supporting factor for Govies and Risk On, with Estoxx (VGZ2) trading close to next key resistance at 3492.00 (the October high).
- Only data of note for today, are German ZEW and US IP, but ALL EYES are on the UK CPI release tomorrow.
- SUPPLY: German 7yr EU4bn (Equates to 22k Bund or 45.8k Bobl).
- SYNDICATION: Lithuania Bond tap.
- SPEAKERS: ECB Makhlouf, Schnabel, Nagel, Fed Bostic and Kashkari.
To read the full story
Sign up now for free trial access to this content.
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.