MNI EXCLUSIVE: MNI: EU Paper Flags Savings From Rolling Over NGEU Debt

Nov-13 11:21

A European Parliament Budget Committee paper examines the debt costs of the EU's NGEU programme.- On MNI Policy MainWire now, for more details please contact sales@marketnews.com

Historical bullets

OUTLOOK: Price Signal Summary - Key Bund Support Remains Exposed

Oct-14 11:16
  • In the FI space, a bearish theme in Bund futures remains intact and price continues to trade below both the 20- and 50-day EMAs. Attention is on the next key support at 132.65, the Sep 2 low. Clearance of this level would strengthen a bearish theme and highlight a stronger reversal. Initial firm resistance is at 134.09, the 20-day EMA.
  • A bear threat in Gilt futures remains present and the recent impulsive sell-off reinforces a bearish theme. The contract has traded through support at 98.11, the Sep 2 low and a bear trigger. The break strengthens the downtrend, signalling scope for a deeper retracement. The 96.00 handle has now given way, exposing the 2.0% 10-dma envelope line at 95.35. Initial firm resistance is seen at 98.11, the Sep 2 low. First resistance is at 96.93, the Oct 7 high.

OPTIONS: Larger FX Option Pipeline

Oct-14 11:13
  • EUR/USD: Oct15 $1.1000(E1.8bln); Oct16 $1.0950-55(E2.4bln), $1.0975(E1.0bln); Oct17 $1.0735-45(E1.9bln), $1.0990-10(E2.7bln)
  • USD/JPY: Oct17 Y147.60($1.1bln)
  • AUD/USD: Oct15 $0.6675(A$1.7bln), $0.6775(A$1.7bln), $0.6800(A$1.7bln)
  • USD/CAD: Oct17 C$1.3600-10($1.0bln)
  • USD/CNY: Oct17 Cny6.9867($1.3bln), Cny6.9913-18($2.0bln), Cny6.9934($1.0bln)

USD: USDJPY tests 149.55

Oct-14 11:03
  • The Dollar sees more small upside continuations, at a fresh session high against SEK, NOK, AUD, JPY, CHF, NZD, ZAR.
  • The focus is still on the Yen, and USDJPY now testing through 149.55, last week's high, which was also the highest level since 2nd August.

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