Free Trial

Weakness In Crude Provides Little Counter As BoE's Pill & Pricing Of EU Syndication Weighs

BONDS

Weakness in crude oil futures (WTI < 50-DMA for the first time since early February) does little to counter the sell off in core global FI markets, as comments from BoE's Pill and hedging surrounding pricing of the EU dual-tranche syndication weigh.

  • Technical support levels of note for the core global FI markets can be found in earlier bullets, we highlight that major support levels have not been tested during today’s move lower.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.