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PMIs and EU Council

BUNDS
  • A light overnight session for Bund, with the contract trading within yesterday's ranges.
  • Still, it trades in a 44 ticks range with under 5k lots traded pre cash open.
  • Today, sees plenty of data with the most notable French, German, EZ, UK and US Services PMIs.
  • Also out of the US, IJC but more importantly Durable Goods.
  • ECB Economic Bulletin, and European Council, 24-25 March 2022.
  • US President Joe Biden will be joining EU leaders during the first day of the European Council for a discussion on support for Ukraine and its people and on strengthening transatlantic cooperation in response to Russia’s aggression.
  • SPEAKERS: ECB Elderson, Schnable, BoE Mann, Fed Kashkari, Waller, Evans, Bostic
  • SUPPLY: {us} US $14bn 10yr TIPS

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