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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.
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  • 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.