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Has closed the small overnight gap

BUNDS
  • Bund saw a small gap lower on the overnight open, but has closed it going into the Cash open.Overall the contract is steady and trades well within Friday's range.
  • It is a quieter Week on the Data front, main focus will on US Preliminary Payrolls Benchmark Revision (Wed), PMIs (thu) and Powell (fri).
  • There's no tier 1 Data scheduled for Today.
  • Technicals are unchanged, resistance is at 134.72, followed by 135.18.
  • Support comes at 133.77 initially.
  • SPEAKERS: Fed Waller, ECB Rehn.

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