CROSS ASSET: Bund and European Equities are extending losses
Jun-25 11:09
The German Bund Futures is still leading to the downside, nothing fast, and more of a gradual move.
European Equities are also under some pressure, VGU5 is making an attempt at Yesterday's low, and while this is not a good technical steady for this contract, a push down to 5270.00 would close Yesterday's gap, in a sense the ceasefire announcement's Rally.
Estoxx picks up pace, short term play long Positions are bailing out on the back of the VGU5 breaking Yesterday's low.
MNI: US MBA: MARKET COMPOSITE +1.1% SA THRU JUN 20 WK
Jun-25 11:00
MNI: US MBA: MARKET COMPOSITE +1.1% SA THRU JUN 20 WK
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