EU TECHNOLOGY: Google: Q225 Results Headlines        

• RES 4: 6249.00 - High Feb 21      
• RES 3: 6200.00 1.500 proj of the Apr 7 - 10 - 21 price swing 
• RES 2: 6172.50 High Feb 24
• RES 1: 6131.00 Intraday high    
• PRICE: 6125.75 @ 07:24 BST Jun 24  
• SUP 1: 5959.00/5913.50 Low Jun 23 / 50-day EMA
• SUP 2: 5811.50 Low May 23    
• SUP 3: 5645.75 Low May 7
• SUP 4: 5500.00 Low Apr 30

The trend condition in S&P E-Minis is unchanged, it remains bullish and this week’s strong start reinforces current conditions. Short-term resistance and a bull trigger at 6128.75, the Jun 11 high, has been pierced. A clear break of this level would confirm a resumption of the uptrend that started Apr 7. This would open the 6200.00 handle, a Fibonacci projection. Key support remains at the 50-day EMA - at 5913.50. A clear break of it would signal a reversal.

"*ISRAEL’S SMOTRICH SAYS NOW WE TURN FOCUS ON HAMAS TO FINISH JOB" Bloomberg

• Compared to some of the moves seen in Equities (up), Oil (down) and FX (Dollar down) following Trump announcing a potential truce between Israel and Iran, the price action in Bund and {us} US Treasuries have so far been more muted.
• The early rally in EGB's is led by the Italian BTP, with the contract Gapping higher on the open, a 25 ticks gap to trade at its highest level in 7 sessions. Geopolitical Improvement is likely one of the source, helping the BTP/Bund tighter, and back below 95bps.
• The resistance in Bund is still unchanged at 131.28, despite printing a 131.33 high last Week.
• Support moves up 130.47, but most Investors will have their eyes on the 2.60%, this is still the level to initially watch on the downside in futures, equates circa 130.10.
• The US 10yr Yield did found some support around the 4.30% mark Yesterday, after registering a 4.2886% low.
• Today sees, the German IFO, Canadian CPI and US Consumer Confidence, but like Yesterday with the PMIs, how much these Data move the Markets remain to be seen, especially given that the focus Today will be on Fed Chair Powell's Testimony.
• SUPPLY: UK £1.7bn 2035 Linker (won't Impact Gilt), {ge} Germany €4bn 2yr Schatz (Equates to 37.2k Schatz) could weigh, {us} US Sells $69bn of 2yr Notes.
• SYNDICATION: Slovenia 10yr.
• SPEAKERS: Today is packed with Speakers, BoE Bailey, Greene, Ramsden, Pill, Breeden, ECB Lagarde, Guindos, Kazimir, Lane, Fed Powell, Hammack, Williams, Kashkari, Collins, Barr.