Free Trial

Trades at the upper end of this week's range

BUNDS
  • Bund is back at the upper range of this week's session, with the pullback higher helped by leaning Dovish comments from the learning Hawk Vujcic Yesterday at a MNI event.
  • Despite Data, supply, heavy Issuances, most markets and cross assets have stayed within this week's ranges.
  • Bund support noted this week at 134.87 held, printed a 134.87 low on Wednesday.
  • Resistances were seen at 135.89, followed by 136.25, and the contract printed a 135.88 high on Tuesday and 135.86 high overnight.
  • These remain the initial support, resistance.
  • Today includes, French/Spanish final CPIs, and US PPI, although the latter has not been a real market mover for a while.
  • SPEAKERS: ECB Lane, Fed Kashkari.

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.