EU FINANCIALS: Sabadell Tenders for SABSM 5.625% 2026

Jul-03 07:03

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(SABSM Baa2/A-/BBB+ Pos) * Tender price is 102, any and all * Our screen show bonds trading at 102....

Historical bullets

USDCAD TECHS: Bear Trigger Remains Exposed

Jun-03 07:01
  • RES 4: 1.4200 Round number resistance
  • RES 3: 1.4111 High Apr 4
  • RES 2: 1.3947/1.4016 50-day EMA / High May 12 and 13
  • RES 1: 1.3840 20-day EMA
  • PRICE: 1.3725 @ 08:00 BST Jun 3 
  • SUP 1: 1.3675 Low Jun 2      
  • SUP 2: 1.3643 Low Oct 9 ‘24
  • SUP 3: 1.3579 1.500 proj of the Feb 3 - 14 - Mar 4 price swing 
  • SUP 4: 1.3503 1.618 proj of the Feb 3 - 14 - Mar 4 price swing 

A downtrend in USDCAD remains intact. The pair traded lower Monday and pierced support at 1.3686, the May 26 low and bear trigger. A clear breach of this short-term support would confirm a resumption of the downtrend and maintain the price sequence of lower lows and lower highs. This would open 1.3643, the Oct 9 2024 low. Resistance at the 50-day EMA is at 1.3947 - a key level. The 20- EMA is at 1.3840.

MNI: TURKEY MAY CPI +1.53% M/M

Jun-03 07:00
  • MNI: TURKEY MAY CPI +1.53% M/M

GILTS: Opening calls

Jun-03 06:57

Gilt calls, 91.69/91.73.