Free Trial

Way above average volumes in the first hour of trading

BUNDS
  • No surprises, way above average volumes for Bund, with the contract heading back towards its overnight high.
  • So far German NRW came below last reading, France beat consensus, while Spain saw a fall in inflation.
  • Peripheral spread are mostly within ranges, but BTP/Bund now look to test the 190.00bps handle, after it traded within a 180.00/190.00 range since mid March.
  • A clear break of 190.00 and further widening interest will see next resistance at 196.90, the March high.

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.