After the big moves accompanied by the rumour of a french downgrade, it is normal that when it did happen, it was a very muted reaction. We had bunds break 140 for the first time and we remain at lofty levels for the Bund. Watch below to see where we might go from here.
Ftse on the other hand had a false breakout from a trend downwards but has come back into the range to continue what has been very lacklustre trading in this index. We have been rnagin 100 points for 2 weeks, with no real volume to push it one way or another. Watch the analysis below:
Thoughts and commentary on daily market action, plus my trade log in equities and futures.
Subscribe to:
Post Comments (Atom)
Front month WTI Futures plunges to negative $37 as storage costs rocket
It was a move of epic proportions in the front month WTI Crude futures, the significance of which is not really known of yet, but was incre...
-
Much has been said about the new phone and the response on the surface seems exactly how you would expect it to be. Regardless of what Appl...
-
In the previous ECB meeting we had a split decision on whether to cut rates further or not but today Mario Draghi said the council decided ...
-
With the raft of poor data out this morning, we got some strong selling pressure in all parts of the curve. The 2s-10s spread hit an all tim...
No comments:
Post a Comment