March 19, 2025 07:16 GMT
BUNDS: US FOMC is the forefront Today
BUNDS
- A very light traded Volume Overnight session for Bund, and Volumes so far this Week have been on the lower side as Investors awaited the FOMC Today.
- The contract continues to slowly edge towards the initial resistance of 128.33, testing session high going into the cash open.
- A clear break through that area opens to 128.83, followed by 129.03 (20 day EMA).
- It is another very light day on the Data front, only the EU final CPI is is the notable release, the main focus will be on the FOMC.
- SUPPLY: Germany 2050, 2053 (equates combined ~14.8k Buxl) should have a limited impact.
- SPEAKERS: ECB Centeno, Guindos, Villeroy, Elderson.
104 words