Trial now
USDCAD TECHS

Still Vulnerable

AUDUSD TECHS

Bullish Price Sequence

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • Small offers are emerging in Bunds, as Etsoxx futures breaks out above the October high and eye immediate resistance at 4100.00 (30th Sep high)
  • Equities lead assets in early trade, with USD turning offered on the back of the risk on.
  • German 5/30s is testing session high, but zooming out of the chart, we trade at flattest levels since the 1st of September.
  • Medium, longer term outlook is unchanged and tilted to the downside, but desk have favoured fading moves ahead of the 2021 peak in 10yr yield at -0.074%= circa 168.05.
  • Nothing of real note on the data front, with all eyes on anything inflationary for markets.
  • US PPI is the notable release.
  • SUPPLIES: Ireland 2031, 2045, 2051
  • SPEAKERS ECB Elderson, Knots, Fed Bullard, Bostic, Barkin, Daly, BoE Mann Cunliffe but given the subject likely a non event.
  • Most interesting one will possibly be BoE Tenreyro.
  • US Earning season continues and today includes Bofa, Walgreens, United Health, Wells, MS and Citi.