HALISTER1: Bund/UST Spread Narrows For 4th Day After ECB; 191bps Resistance

Bund/UST Spread Narrows For 4th Day After ECB; 191bps Resistance

(Bloomberg) -- Bund/UST 10Y spread sustains its narrowing following ECB taper decision; Fibonacci resistance at 191bps, Bloomberg technical analyst Sejul Gokal writes.
  • See chart here; spread hit 195bps vs. 200bps day wide seen earlier
  • NOTE: Dec. 7, Bund/UST Spread-Narrowing Momentum Builds
  • NOTE: Sejul Gokal is a technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
2539Z GR (European Central Bank)

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HALISTER1: U.S. ECO PREVIEW: Jobless Claims Due in 5 Minutes

U.S. ECO PREVIEW: Jobless Claims Due in 5 Minutes

(Bloomberg) -- Initial jobless claims seen at 255k in week ended Dec. 3 vs 268k prior week (forecast range 250k to 275k); represents inflow of workers receiving benefits.
  • Recent fluctuations probably “just statistical noise and not a reflection of a more nefarious trend": Bloomberg Insight
    • Claims have been below 300k for 91 weeks in row; longest since 1970
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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UUID: 7947283