Commentaires matinaux

Disponibles avant l'ouverture des marchés en anglais seulement

16/02/2018

Market Update Tsys trading higher, near top of o/n range, despite higher global stocks, 10Y 2.88% (-2.9bps), modest volume in TY futures (275k). Tsys off the highs after a strong rise in Jan Housing Starts  to 1.326mln rate the highest since October 2016,  + 9.7% m/m...

15/02/2018

Market Update Tsys trading lower across the curve, off the early Europe lows which saw the 10Y reach above 2.94%, a new 4-year high, on heavy volume in TY futures (>560k). JPY rose to a new 15 mth high as Japanese FM said there was no need to intervene in xcy mkts. ...

14/02/2018

Market Update Tsys higher, near top of o/n range on above avg volume (405k), 10Y 2.82(-1.1bps), curve 0.5bps flatter – key Jan CPI data expected at 8:30 – 0.3% vs 0.1% in Dec with the core forecast to rise 1.7% vs 1.8% in Dec. The release takes on more importance...

13/02/2018

Market Update Tsys higher, thou off highs from Asian session as US equity futures pare losses (S&P fut -8.25), 10Y 2.838% (-2bps) and the curve 2s/30s 3bps flatter.  The 2Y getting hit after Fed Meister remarked  that economic fundamentals are sound and that the...

12/02/2018

Market Update Tsys trading weaker, 10Y 2.88% (+3bps) – new four year high thou on low volume with Japan on holiday (320k TY futures).  Libor higher across the term structure – 3M @ 1.833% (+1.2bps). Risk on start with S&P futures +28, European equities +1.25%, crude...