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Higher On UK Retail Sales Miss

BUNDS

Bund futures jump a quick 20 ticks to session high 131.38 on the UK retail sales miss but fade a bit of the move, last up 70 ticks on the day at 131.32. Up nearly 100 ticks from Thursday's late afternoon lows though.

  • Takes the contract tentatively through resistance at 131.29 Aug 16th high (initially tested earlier on a Corriere report that the ECB would send a letter of complaint to the Italian gov't re their bank windfall tax), next up 131.67 Aug 14 high.

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