13 Feb 2015
Key points in a snapshot across treasury markets and oil - RBS
FXStreet (Guatemala) - Analysts at RBS gave a snapshot across treasury markets and oil.
Key Quotes:
Bunds: possible weakness early next week to provide dip-buying levels for 0.22% target.
Treasuries: yield base confirmed, near-2.00% consolidation to continue for now.
Gilts bounced from the 119.80 target, implying sideway theme/marginal recovery for the week ahead.
Gilts-Bunds: favour continued underperformance of Gilts after a correction.
Brent is testing a key resistance of $60/61, determining the extent of a bullish correction, as $42 and below targets remain on the table.
Key Quotes:
Bunds: possible weakness early next week to provide dip-buying levels for 0.22% target.
Treasuries: yield base confirmed, near-2.00% consolidation to continue for now.
Gilts bounced from the 119.80 target, implying sideway theme/marginal recovery for the week ahead.
Gilts-Bunds: favour continued underperformance of Gilts after a correction.
Brent is testing a key resistance of $60/61, determining the extent of a bullish correction, as $42 and below targets remain on the table.