European Bond Market Preview 3/19

Discussion in 'Trading' started by TradeTheNews, Mar 19, 2007.

  1. TradeTheNews

    TradeTheNews ET Sponsor

    - European bonds closed slightly lower in Friday’s session after the release of slightly stronger than expected inflation data in the US.
    - In an extremely light session on the economic front the focus is likely to fall upon technical trading as well as comments from the ECB’s Gaspari and Libscher who are scheduled to speak at 12:30 ET.
    - Over in the UK gilts closed near the unchanged level following trends elsewhere.
    - Overnight Rightmove house prices for the month of March showed a sharp rise from February. M/M house prices rose to 1.5% from 0.9% in February, while y/y house prices rose to 12.2% from 11.5%.
    - With no speakers, no new supply, and no economic numbers scheduled today, focus is likely to fall upon technical trading during today’s session.