HighSky (HighSky)
Currencies  |  December 05, 2012 11:31:00

Futures contract for 10-year T-Note is waiting for ISM services index

Futures contract for 10-year T-Note oscillates around Tuesday's final level of 133.6 at important support zone 133.0 133.6. The main resistance area comprises 134.0 134.6. The market is now preparing for the November ISM services index (16.00 CET), is supposed to be a slight decrease and thus decrease lackluster growth sector activities.

10ytnote, daily comment

Long-term, the market continues to grow with the support of the main fundamental issue, investing in safe assets. This follows from the uncertainty and fears of a debt crisis in the Eurozone. They are sharpened uncertain developments in Greece and the Eurozone or the world economy. Additionally there is a planned expansion of U.S. fiscal limitations early next year. The recovery in the U.S. economy and weakening (see slowdown ek.activity and employment in the lackluster level).

Josef Kvarda
HighSky Brokers

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Futures kontrakt 10letého T Note čeká na index ISM služeb

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