HUNGARY: Unemployment Rate, Economic Sentiment Edge Higher

Feb-27 08:03

You are missing out on very valuable content.

* Hungary's unemployment rate rose to 4.4% in January from 4.3% in December, according to the Cent...

Historical bullets

EGB SYNDICATION: Austria dual-tranche mandate: Books open

Jan-28 08:02

New 10-year Feb-35 RAGB

  • Guidance: MS+51bps area
  • Size: EUR benchmark (MNI expects E4.5-5.0bln including E250-500mln retention)
  • Maturity: 20 February 2035
  • Coupon: Long first
  • ISIN: AT0000A3HU25 

1.85% May-49 Green RAGB tap

  • Guidance: MS+80bps area
  • Size: EUR benchmark (MNI expects E1.0-2.0bln)
  • ISIN: AT0000A2T8G4

For both:

  • JLMs: BofA Securities, Deutsche Bank, Erste Group, J.P. Morgan, Morgan Stanley and Raiffeisen Bank International 
  • Timing: Books open, today's business

From market source

AUDUSD TECHS: Resistance At The 50-Day EMA Holds Firm

Jan-28 07:59
  • RES 4: 0.6441 38.2% retracement of the Sep 30 - Jan 13 downleg  
  • RES 3: 0.6429 High Dec 12               
  • RES 2: 0.6384 High Dec 13  
  • RES 1: 0.6325/6331 50-day EMA / High Jan 24
  • PRICE: 0.6252 @ 07:58 GMT Jan 28 
  • SUP 1: 0.6209 Low Jan 21     
  • SUP 3: 0.6165/31 Low Jan 17 / 13 and the bear trigger
  • SUP 3: 0.6100 Round number support
  • SUP 4: 0.6045 1.500 proj of the Sep 30 - Nov 6 - 7 price swing

A medium-term bearish trend condition in AUDUSD remains intact and recent gains have stalled at resistance around the 50-day EMA, at 0.6325. The reversal lower suggests the possible end of the correction between Jan 13 - 24. A continuation lower would open 0.6131, the Jan 13 low and the bear trigger. On the upside, a clear breach of the 50-day average is required to signal scope for a stronger recovery.

GILTS: Cable tests session low

Jan-28 07:59
  • Cable is slowly drifting back towards 1.2426 Yesterday's low, this is where it found some support ahead of 1.2423, the very short term 23.6% retracement of the last two Week's rally.
  • This retracement level remains for now, but further downside traction will open to the figure and the support seen at 1.2387 (20 day EMA).