Free Trial

Supplies the early focus

BUNDS
  • Bund has seen some decent volume overnight, but this has been all roll related.
  • Pace was expected to pick up ahead of NFP and ISM tomorrow and a Bank Holiday for the US Monday.
  • The contract trades within yesterday's range.
  • Risk remains tilted to the downside, but Bonds will take their very short term cue from the Data tomorrow.
  • Initial target is still eyed at the -0.343%, which today equate to 174.87 in futures.
  • We have no tier 1 date for Europe, EU PPI, while for the US, sees IJC, Factory orders, and Durable goods, but final reading for the latter.
  • SUPPLIES: Early focus will be on supplies, Spain sells 2027, 2028, 2031, 2033, and France sells 2031, 2044 and 2050.
  • SPEAKERS, Riksbank Floden (on SWESTR), Ingves ( Mon Pol), US Fed Bostic (Eco opportunity), and Daly (Inclusive Economy)

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.