Tag Archives: BUND

Weekly Economic & Financial Commentary

U.S. Review Data Details Show Economy Continues to Firm • Second quarter GDP was revised higher to a 4.2 percent annualized rate,

EURUSD: Yesterday’s initial attempt higher stalled already at 1.3222,

Markets got spooked by the developments in Ukraine. Recent moves lower in safe haven yields continued and

EURUSD: The decline has during the past days been running onfumes.

German 10-year Bund yield just keeps falling. Yesterday the Bund yield made once more new all-time lows,

EURUSD: There ain’t no rest for the wicked and there ain’t no rest for the euro…

Long yields stayed at rock bottom levels yesterday with German Bund yield pretty stable at 0.94%.

A healthy EUR/USD rebound within the coming days, possibly towards 1.3297-1.3310 would be welcome…

rowing hopes the ECB will to do more pressured yields to new lows once more in Euro area.

EURUSD: The correction attempt faded faster than expected asalready the 1.3289/98 resistance became a too big obstacleto overcome.

Risk sentiment got hit on Friday by news that a Russian aid convoy had crossed Ukrainian border without permission from Kiev.

U.S. Review What Was That Noise? • Since Chair Yellen’s comment a few weeks ago that recent price jumps were “noisy,