Free Trial

Hovers near session low

BUNDS
  • Bund and Tnotes gapped lower on the open, small relief, after futures and safer haven were favoured ahead of the Weekend, hedging risk, on Friday.
  • Both Bund and TYZ3 hovers near their intraday lows, with support in Bund still at 128.82 (gap), tested a 128.82 low on Friday.
  • Immediate resistance comes at 129.75 (opening Gap), followed by 130.20.
  • This morning sees, Italian CPI, but will be final release and no tier 1 data out of the US to start the week.
  • It is a lighter week for US Data this week.
  • SUPPLY: Slovakia 27s, 32s, 33s, 36s, should have no impact.
  • SPEAKERS: ECB Villeroy, de Cos, BoE Pill, Woods, Fed Harker (x2).

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.