Tag Archives: BUND
FI Eye-Opener: Equity markets continue to party
Core bond yields initially climbed higher yesterday, but more dovish ECB comments and violence in Ukraine coupled with rumours that Russian forces would have crossed the border spurred demand for bonds again.
EUR/USD over 1.3675 would target 1.3730 before down
EUR/USD: Over 1.3675 targets 1.3730 before down. There is an ongoing attempt to recover partial losses. A move over the 8day “Tenkan-Sen” (1.3675) would target 1.3730\34 before down again.
FI Eye-Opener: Post-election rally in the periphery
Longer German bond yields edged slightly higher yesterday and the curve steepened, but trading volumes were very subdued due to the US and UK holidays.
FI Eye-Opener: A blow to further EU/Euro-zone integration
Core yields saw somewhat mixed performance on Friday. German yields edged slightly higher, and intra-Euro-zone spreads narrowed, while US yields fell ahead of all the uncertainty ahead over the weekend.
Weekly Economic & Financial Commentary
U.S. Review As Good as It Gets. As Good as Can Be Expected. • April’s housing data showed some modest improvement but
Positive $ index break. EUR/PLN fell out of bed
EUR/USD: With a still persisting hourly RSI divergence, the price outside the 55d ma Bollinger and with the still firm 1.3635 support we cannot but read the setup as supportive to the 1.3730 bounce suggested yesterday.
FI Eye-Opener: It’s all about politics, at least today
German Bund yield inched slightly lower to 1.36% on Thursday, as the weak French PMI’s reminded that the Euro area economy is not out of the woods yet.
FI Eye-Opener: Something good
Government bond yields rose on Wednesday as the Fed minutes failed to turn the yields that crept higher. US 10-year yield rose to 2.54%. German counterparts rose slightly to 1.38%.
FI EYE-OPENER: Spreads widen more
The Bundesbank warns carry-chasers Spread widening continues for e.g. Italien govies The EURUSD FX is in a wait-and-see position This afternoon, minutes from FOMC and Yellen speaks Bank of Japan refrains from adding even more stimulus
FI Eye-Opener: Italian and Spanish bonds facing stormy weather for a change
Bond yields edged further up on both sides of the Atlantic yesterday, though the short end yields actually fell a bit and curves thus steepened. Trading volumes were not particularly large.
FI Eye-Opener: Political uncertainty to keep yields depressed
After three days of huge bond rallies, yields finally found some support on Friday. The German 10-year yield rebounded by around 2bp, while the corresponding move in the US was some 3bp.
Weekly Economic & Financial Commentary
U.S. Review Mixed Data Unlikely to Change Fed’s Outlook • Although some indicators, such as retail sales and industrial production,