Free Trial

Round of selling going through in Equities

BUNDS
  • Bund has closed the small overnight gap, still short of yesterday's high, but nonetheless underpinned., with Equities seeing another round of selling as Europe comes in, and more Russia headlines taking control of Kherson in Ukraine.
  • Volume is all spread related, and expect for the pace to dominate. Plenty of data for today, with Spain and German unemployment data, as well as EU prelim CPI.
  • Out of the US, sees ADP, but ALL EYES will be on Powell's testimony.
  • SUPPLY: German EU1.5bn 2030 (equate to ~8.5k Bund), shouldn't impact Bund.
  • SPEAKERS: ECB Giundos, Lane, BoE Tenreyro, Cunliffe, but attention is on Powell, given the fast markets market session for Govies and Rates yesterday..
  • Other Fed speakers include Evans and Bullard

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.