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GOLD TECHS

Approaching The Base Of The Bull Channel

WTI TECHS

(F2) Bounces Off Yesterday’s Low

MARKET INSIGHT

What to watch

BRENT TECHS

(G2) Strong Rebound From Yesterday’s Low

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Mixed demand metrics were observed in the latest 40-Year JGB auction, which produced a high yield that was below wider expectations (which stood at 0.735%, per the BBG dealer poll). Elsewhere, the cover ratio was a little softer vs. what was seen at the previous 40-Year auction, printing at the lowest level witnessed at a 40-Year auction since Aug '15.