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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.
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Free AccessMNI Commodity Weekly: Oil Markets Assess Trump Impact
MNI Gas Weekly: Winter Weather Takes the Driver's Seat
Supply will be the early focus
- A tight and limited traded range overnight for Bund given a quieter start for the Week, with the main event on Friday in terms of data release.
- Bund saw a small gap higher on the overnight open, but trades within ranges.
- The contract has so far held in a 105 ticks range for the past 7 sessions.
- Resistance is unchanged at 132.94, 133.21, and 133.58.
- Small opening gap is down to 132.50, while support is still eyed at 131.97, followed by 131.58.
- Today sees, Spain final GDP, and for North America, Canada CPI will be the highlight of the day.
- SUPPLY: Italy €2.5bn 2026 (equates to 17.2k short 2yr BTP) could weigh on a lower liquidity day, plus 2030, 2039 linkers (won't impact BTPs), UK sells £1.5bn 2033 linker (won't impact Gilt), Germany €4.5bn Schatz (equates to 42.8k Schatz) should weigh into the bidding deadline. US sells $69bn of 2yr Notes.
- SPEAKERS: ECB Stournaras, Nagel, Panetta, Fed Bowman (x2) Cook.
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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.