German Treasury 3-month bond

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Germany Treasury 3-Month bond falls for a seventh consecutive day, a seven-day fall of 0.03% 20 October, 2017

NEWS BITES - BONDS

Germany Treasury 3-Month bond, has fallen 0.20c (or 0.002%) to close at EUR100.18. The bond slid for a seventh straight day on Friday.

Germany 3-Month1-week1-month3-months1-year
Price Change %0.020.10.010.01

SECTION 1

1.1 Maturity

IssuerGermany

SECTION 2

GERMANY 3-MONTH BEARISH SIGNALS

2.1 Technicals:

+ The price decreased 0.02% in the last week.

+ In the last three months the bond has hit a new 52-week low seven times, pointing to a significant downtrend.

+ Falls to Rises in the past month: the number of falls outnumbered rises 14:3 or 4.7:1. The bond traded in 17 of the 19 trading days.

2.2 Overbought/Bearish/Resistance Signals:

+ The Relative Strength Index (RSI) of 75.4 has penetrated the overbought line of 70, suggesting the price gain of 0.1% in the last 14 days is unusually high.

SECTION 3

GERMANY 3-MONTH BULLISH SIGNALS

High Performance Indicator:

DescriptionValueRank In Market
Price/MAP501.0In Top Quartile

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ The Germany 3-Month is at a discount of 0.1% to its 12-month high of EUR100.33 traded on March 31.

+ It is at a premium of 0.1% to its 12-month low of EUR100.08 traded on October 05.

+ The present value of EUR1,000 (PV1000) invested one year ago in Germany 3-Month is EUR1,000, for a capital loss of 9c.

PV10001-week1-month1-year
germany-3-month.SG1,0001,0011,000

SECTION 5

MACROECONOMIC INDICATORS

IndicatorValueG20 RankGlobal Rank
GDP (USD Billion)3,36355
GDP growth yoy (%)1.71142
Interest rate (%)0.0526
Inflation rate (%)2.0927
Public debt (USD) (billion)2,792.91662
Public debt per person (USD)34,2001352
Debt to GDP (%)68.31144
Budget Surplus to GDP (%)0.815
Current account Surplus to GDP (%)8.817
Unemployment rate (%)3.9311
Population (million)81.8915

SECTION 6

CREDIT RATING SUMMARY

Germany:

Rating AgencyLong TermDescription
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.

Source: www.BuySellSignals.com