Tag Archives: BUND

Bond Analysis

German government bonds opened lower Thurs as risk-appetite continues to improve on optimism of an agreement to Greek debt talks, despite disagreement on pension reform. Once again, Greek talks between the three coalition party leaders last night were adjourned without no agreement on accepting conditions new bailout program, with pension reforms said to be the […]

Bond Analysis

German government bonds trading lower midday Wednesday amid optimism over a Greek debt/bailout deal. This optimism continues to  dominate despite story that Germany’s Finance Minister Wolfgang Schaeuble is considering postponing the lion’s share of new Greece aid in order to keep pressure on Greek authorities to reform, according to the Financial Times Deutschland.

Bond Analysis

German government bonds are opening lower Wednesday amid optimism over a Greek deal. This optimism is despite delay in talks yesterday between the three coalition party leaders and deferred until today due to “arrival of new document” containing the reforms and austerity measures.

Technical Analysis: USD-TRY at strong support

USD-TRY is at a strong support zone with a high risk of an upward reversal. Gold has broken down from its ending diagonal and the structure of the initial fall suggests more weakness to come. Stocks are at the upper limits of the bear market rally from October but EUR-USD may have another short-term rally […]

Bond Analysis

German government bonds trading higher Tuesday, amid risk-off trades and after release of much weaker than expected German industrial output data. March Bund futures opened higher on risk-off trades as uncertainties in Greece continued to prevail and then squeezed higher in light volume.

BUND Analysis

German government bonds are opening higher Tuesday as uncertainties in Greece continue to prevail. Focus is on resumption of meeting with Greece’s Prime Minister Lucas Papademos and the three party leaders to reach an agreement on accepting conditions new bailout program.

BUND Analysis

German government bonds trading higher Monday, but off their best levels as Italy 10-year spread reverses earlier widening move and after traders dismissed talk of Portuguese debt restructuring.

Technical Analysis: Crunch time for Asian decoupling

The long-term Asian-Pacific outperformance trend is at an important juncture. The uptrend from 2002 has been broken and must be regained soon if the technical outlook is to remain positive.

BOND Analysis

German government bonds trading higher Friday, with yield curve flatter ahead of the key US payrolls data. Bunds opened higher on position-squaring ahead of the US payrolls data and continued uncertainty over the Greek PSI deal, where further cracks in discussions are beginning to emerge.

BOND Analysis

German government bonds are opening higher Friday, amid position-squaring ahead of the key US payrolls data. The key non-farm payrolls are forecast to rise 135k in Jan, continuing a trend of decent payrolls gain, but a number of economists have revised their estimates for payrolls lower after the weak US ADP data Bunds are seen […]

Technical Analysis: Ending diagonals in Euro Stoxx & Gold

The bear market rally is doing its job and sucking people back into a bullish mindset. But the ending diagonals / rising wedges in Euro Stoxx and Gold are particularly dangerous patterns for bulls as they usually end in sharp down moves.

BUND Analysis

German government bonds are opening mixed with the 10-year area weighed ahead of the launch of France’s new 10-year benchmark OAT bond, in turn steepening the yield curve. Mar Bund futures contract put in a bearish engulfing pattern, and with sentiment weighed by market rumours suggesting a conclusion to the Greek debt talks.