Tag Archives: BUND
FI EYE OPENER: EUR swaps with new record lows
Wednesday’s FOMC meeting continues to cast a shadow over rate markets yesterday.
Eyes on EUR/NOK 8.20 and the NB Verdikt. EUR/USD tests resimtance.
EUR/USD remains stuck in the 1.3512\1.3588 range. USD/JPY is likely done correcting higher. This turns focus back on 101.72, 101.60 & 101.43.
FI Eye-Opener: Fed not ready to turn more hawkish yet
Bonds rallied on both sides of the Atlantic yesterday, as the messages in the Bank of England minutes and
Look for confirmation of a correctional low in GBP/USD
EUR/USD remains stuck in the 1.3512\1.3588 range. A correctional GBP/USD low is likely not far off, possibly already at 1.6938/22.
FI Eye-Opener: Connecting the dots
Bonds took a beating and curves bear steepened yesterday on the back of an upside surprise in US inflation (see more below).
AUD/NZD about to test key support at 1.0750
EUR/USD over 1.3586 would target at least 1.3621… GBP/USD could re-test 1.6922 before turning higher again – then with focus on 1.7025\44…
FI Eye-Opener: Bills with negative return back
Core bonds rallied further early yesterday on geopolitical concerns and equity weakness, but the moves moderated towards the evening.
JPY on a strengthening path, EUR/NOK downturn
EURUSD: Friday’s attempt higher ended already at the 1.3580resistance with a relatively impulsive decline.
FI Eye-Opener: Negative overnight rates around the corner
German bonds continued to perform on Friday, and the curve bull-flattened, while US yields edged slightly up. Intra-Euro-zone spreads narrowed mostly, but the moves were not huge.
Weekly Economic & Financial Commentary
U.S. Review Mixed Results from Economic Data Releases This Week • Retail sales increased a lower-than-expected 0.3 percent in May,
€uro comeback? AUD/NZD resumed its downtrend.
EURUSD: The return back inside the 55d Bollinger bands is yetanother sign that a short term development should be amove higher.
FI Eye-Opener: China with a positive surprise for a change
Core bond yields tried higher again early yesterday, but in the afternoon weak US retail sales (see more below) gave bonds a boost again.