CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,544
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- 521
Just realised there was no thread for the Bund.
You can see the Bund has been trading in a large bracket since June 2016, Brexit. Today's much anticipated announcement on UK GDP is pretty relevant.
We could finally see this bracket fail, or have a stellar short covering rally...either way it should be an interesting day. Shorts should be scampering above 163.35. A break of 162.89 should see another test directly following of 162.80, then 162.55...then its fresh air...should be interesting to watch tis highly traded rate product today...especially with Auction Vista!
You can see the Bund has been trading in a large bracket since June 2016, Brexit. Today's much anticipated announcement on UK GDP is pretty relevant.
We could finally see this bracket fail, or have a stellar short covering rally...either way it should be an interesting day. Shorts should be scampering above 163.35. A break of 162.89 should see another test directly following of 162.80, then 162.55...then its fresh air...should be interesting to watch tis highly traded rate product today...especially with Auction Vista!