16 Feb 2015
Financial and commodity market snapshot - RBS
FXStreet (Guatemala) - Analysts at RBS gave a snapshot overview of financial and commodity markets.
Key Quotes:
"Bunds: Initial weakness this week to provide dip-buying levels for 0.22% target."
"Treasuries: Near-2.00% consolidation to continue for now, as yield base confirmed."
"Gilts: A bounce from 119.80 implies sideway theme/marginal recovery for the near term."
"Gilts-Bunds: Favour taking partial profits, re-entering at 119/122 bps for 146 bps."
"Oil Brent: Further recovery deemed limited amid resistance area and overbought stochastics."
Key Quotes:
"Bunds: Initial weakness this week to provide dip-buying levels for 0.22% target."
"Treasuries: Near-2.00% consolidation to continue for now, as yield base confirmed."
"Gilts: A bounce from 119.80 implies sideway theme/marginal recovery for the near term."
"Gilts-Bunds: Favour taking partial profits, re-entering at 119/122 bps for 146 bps."
"Oil Brent: Further recovery deemed limited amid resistance area and overbought stochastics."