Free Trial

Tested next resistance

BUNDS
  • Bund tested that resistance noted at 132.87, printed a 132.87 high so far, but as previously noted, would need a test through the latter and the figure, to once again challenge the August low in Yield, which again equates to 133.39.
  • It is another impressive session for the front ERU3 Euribor, of the notable spreads, ERU3/ERZ3 has again been bought this morning, traded in 27.2k outright, still short of that big resistance at 7.5, which has failed to break multiple times of late.

Other notable calendar spreads:

  • ERU3/ERH4 hast traded 12.5k.
  • ERZ3/ERH4 mostly sold in 18.9k.

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.