BONDS: Month End extensions
Apr-21 08:27
MONTH END EXTENSION: Early expectations.
MS Bonds:
- US Tsys: +0.07yr (small, average).
- EU Govies; +0.06yr (small).
- UK Govies: +0.20yr (HUGE).
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EQUITIES: Estoxx call spread
Mar-22 08:25
SX5E (21st April) 4200/4325cs, bought for 54 and 54.1 in 16.65k
GERMAN AUCTION PREVIEW: 2.30% Feb-33 Bund
Mar-22 08:14
On offer today:
- E5bln of the 2.30% Feb-33 Bund (ISIN: DE000BU2Z007)
Timing: Results will be available shortly after the auction closes at 1030 GMT / 1130 CET.
See PDF for full auction preview:
AUDUSD TECHS: Shallow Correction
Mar-22 08:07
- RES 4: 0.6865 High Feb 22
- RES 3: 0.6824 High Feb 24
- RES 2: 0.676/84 50-day EMA / High Mar 1 and a key resistance
- RES 1: 0.6748 High Mar 7
- PRICE: 0.6694 @ 08:02 GMT Mar 22
- SUP 1: 0.6590/47 Low Mar 15 / 61.8% of the Oct - Feb bull cycle
- SUP 2: 0.6500 Round number support
- SUP 3: 0.6425 2.00 projection of the Feb 2 - 6 - 14 price swing
- SUP 4: 0.6403 76.4% retracement of the Oct - Feb bull cycle
The AUDUSD trend condition remains bearish despite the recent recovery - a shallow correction that still appears to be a bear flag. The Mar 7 sell-off reinforced a bearish theme. The break lower maintains the price sequence of lower lows and lower highs and price has breached 0.6629, the Dec 20 low. This signals potential for weakness towards 0.6547, a Fibonacci retracement. Initial firm resistance is at 0.6784, the Mar 1 high.
