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UK Statement and Supply the early focus

BUNDS
  • Bund is flat on the cash open, after pairing some overnight gains, but the contract is overall still trading at its highest level since mid October (10th October).
  • Resistance is at 141.00, while support is seen at 139.95, was resistance, now support.
  • There's no real notable data of note for the session, EU releases final CPI reading, and very little of note out of the US.
  • Main focus will be on the UK Autumn statement.
  • SUPPLY: Spain 2025, 2032, 2044, and France 5s, 6s, 7s, plus Linkers.
  • US sells $15bn 10yr TIPS reopening.
  • SPEAKERS: BoE Pill, Tenreyro, Fed Bullard, Bowman, Mester, Jefferson, Kashkari, ECB Villeroy, SNB Maechler, Moser.

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