Tag Archives: BUND
FI Eye-Opener: Portuguese bond auctions back
US Treasuries took a beating last Thursday ahead of the Easter, and the curve steepened, as economic data (initial jobless claims, the Philadelphia Fed manufacturing index) impressed.
Weekly Economic & Financial Commentary
U.S. Review Signals of Stronger Economic Growth Return · Retail sales for March climbed 1.1 percent following an upwardly revised 0.7 percent reading for February, signaling that consumer spending was not as soft as first expected to start the year.
AUD/NZD returning sellers. NOK/SEK profit taking?
EUR/USD: The past days the market has more or less been moving upand down in three’s (hourly chart) leaving us without adirectional hint. It is also likely that the upcoming Easterholiday
FI Eye-Opener: Easter bunnies to boost bonds today
Core bond yields edged higher yesterday, though the moves were quite limited. The German 10-year yield closed higher by about a bp. Intra-Euro-zone bond spreads narrowed further,
EUR/SEK about to test the Dec’13 high. NZD/USD at primary support
EUR/USD: Support near 1.3790 was somewhat stronger thananticipated as buyers responded there and afterwardsforced the pair into a session close near the open.
FI Eye-Opener: No support can survive constant pounding
After several rounds of pounding, the German 10-year yield finally breached the support at 1.50%, ending the day at around 1.47%, down some 5bp for the day – a bullish signal.
USD/SEK should test the yearly high (6.5880)
EUR/USD: Dynamic support (Fibo adjusted “Tenkan-Sen” & “Kijun-Sen”and the weekly mid-body point at 1.3808/1.3789 providessupport which will be up to the test.
FI Eye-Opener: Still going lower
The German 10-year yield touched 1.49% again yesterday, but could still not make a convincing break lower. Better-than-expected US retail sales (see more below) sent the yield higher again later,
More JPY strength and SEK weakness in the pipe
EUR/USD: The 78,6% Fibo reaction point fenced off the market fromcontinuing on a northern path and the day ended on arather neutral footing (doji candle) however the weeklycandle became a solidly bullish one.
FI Eye-Opener: Please stop strengthening, we are asking nicely
Bond yields climbed early on Friday, but buying soon resumed, and yields ended the day lower on both sides of the Atlantic. The German 10-year yield was trading as low as 1.49% at one point,
Weekly Economic & Financial Commentary
U.S. Review Broad Gains, but Where Are the Skilled Workers? • There were broad improvements in the economic data this week,
SEK weakness likely to pause. US equities hard hit
EUR/USD: The break of 1.3877 triggered the stop of our TA sellrecommendation posting a 0.12% loss. The only remainingline of defense, before making a new high, is the 78.6% Fiboresistance at 1.3905.