Tag Archives: BUND
FI Eye-Opener: Spreads explode as growth disappoints
Markets did not stabilize yesterday, not even close, but the huge rally in core bonds only picked up steam. Curves bull-flattened further, and flight-to-safety was the name of the game.
FI Eye-Opener: Another bull run
Bonds continued to rally hard yesterday on both sides of the Atlantic, while curves bull-flattened further. The German 10-year yield plunged by a further 5bp to around 1.37%,
FI Eye-Opener: Even the Bundesbank sees the need to ease furthe
Bonds rallied in earnest yesterday on both sides of the Atlantic on the back of disappointing US retail sales and reports that the Bundesbank would back more ECB easing.
EUR/USD offers likely at 1.38 and USD/JPY sellers should act at 102.40
EUR/USD: EUR/USD trades with resistance at 1.3800 in mind. USD/JPY should test 102.36-102.41 but encounter offers there
FI Eye-Opener: No signs of any crisis in equity markets
Bond yields rose yesterday on both sides of the Atlantic, more so in the US than in the Euro zone. The US 10-year yield jumped by 4bp, while the German 10-year yield climbed a more subdued 1bp.
€/$ bearish follow through. NOK/SEK still higher
EUR/USD: After a minor bounce the pair continued its descent. Thedownside exit from the rising wedge has set 1.3295 as aviable first hand target for the decline.
FI Eye-Opener: Semi-core meltdown?
Bond yields edged higher on Friday on both sides of the Atlantic, with the ultra-long end of the curve seeing the biggest pressure in the aftermath of a weak 30-year auction in the US last Thursday.
Weekly Economic & Financial Commentary
U.S. Review From Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion,
Strong rejection from the $ key support. NOK stronger
EUR/USD: The minimum target, a move above 1.3967, was yesterdayachieved however falling short of our ideal target, the wedgeceiling at 1.4020.
FI Eye-Opener: Say hello to negative rates
The dovish message delivered by Mr Draghi pushed down rates in the Euro area. The German 10-year Bund yield edged lower to 1.45%. Short rates came down substantially.
The dollar is approaching key support levels.
EUR/USD: The slow slide back to the mid body point, 1.3905, ofWednesday’s bullish candle is probably enough correctionso for today focus will be on a resumption of the climb.
FI Eye-Opener: What would Draghi do?
Long bond yields moved cautiously with all eyes already on the ECB meeting. German 10-year Bund yield ended slightly higher after trying unsuccessfully to break over 1.5 % level.