German Treasury 3-month bond
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.
|Price Change %||0.02||0.1||0.01||0.01|
GERMANY 3-MONTH BEARISH SIGNALS
+ 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.
GERMANY 3-MONTH BULLISH SIGNALS
High Performance Indicator:
|Description||Value||Rank In Market|
|Price/MAP50||1.0||In Top Quartile|
PRICE VOLUME DYNAMICS
+ 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.
|Indicator||Value||G20 Rank||Global Rank|
|GDP (USD Billion)||3,363||5||5|
|GDP growth yoy (%)||1.7||11||42|
|Interest rate (%)||0.05||2||6|
|Inflation rate (%)||2.0||9||27|
|Public debt (USD) (billion)||2,792.9||16||62|
|Public debt per person (USD)||34,200||13||52|
|Debt to GDP (%)||68.3||11||44|
|Budget Surplus to GDP (%)||0.8||1||5|
|Current account Surplus to GDP (%)||8.8||1||7|
|Unemployment rate (%)||3.9||3||11|
CREDIT RATING SUMMARY
|Rating Agency||Long Term||Description|
|FITCH||AAA||Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.|