EU CAPITAL GOODS: Assa Abloy (ASSABS NR/A-/NR): S&P Outlook Negative

May-09 12:56

“*S&P: ASSA ABLOY AB RATING A- ; OUTLOOK NEGATIVE” - BBG

Historical bullets

BUNDS: Block trade

Apr-09 12:54

Bund Block trade, suggest buyer:

  • RXM5 6k at 130.41.

FOREX: USDJPY Breaches Bear Trigger, Resumes Technical Downtrend

Apr-09 12:51
  • USDJPY is trading sharply lower today, resulting in a break of support at 144.56, the Apr 4 low and bear trigger. This confirms a resumption of the downtrend and maintains the price sequence of lower lows and lower highs. Note too that moving average studies are in a bear-mode position highlighting a dominant downtrend.
  • Refreshing the technical levels of note on the downside:
    • SUP 1: 143.43 - Low Oct 2 ‘24 
    • SUP 2: 142.95 - 1.00 projection of the Feb 12 - Mar 11 - 28 price swing
    • SUP 3: 141.65 - Low Sep 30 ‘24 

GILTS: Hargreaves Lansdown Point To Continued Uptick In Gilt Trading Activity

Apr-09 12:48

Investment platform Hargreaves Lansdown notes that the early days of April have seen the daily average for gilt trades on its platform increase by 47% compared to March, with buying still outweighing sales amongst their clients.