16/11/2015

Market update US tsys trading higher, flatter after weaker than exp NY Empire index. USD higher, crude higher, Euro stocks maintaining gains, after dropping initially in response to Paris attacks. Nikkei lower on Japan recession news. Core Euro bonds higher led by 10Y...

13/11/2015

Market update US tsys trading higher, curve steeper, US 10Y 2.29 ( -2.1bps), bouncing after weaker PPI, retail sales – with Univ of Michigan sent expected at 10:00. Core Euro bonds higher, bund/gilt spd ~3bps wider on weaker Euro GDP. GOCs higher, underpinned by...

12/11/2015

Market update US tsys trading slightly lower after claims came in as exp, curve unch, US 10Y 2.333 (+0.4bps). Euro stocks extending o/n weakness on lower earnings from Rolls Royce which is off 21%. Core Euro bonds mixed with German bunds lower, gilts higher despite...

10/11/2015

Market update US tsys trading higher, yet well off earlier highs which saw the 10Y yield fall to 2.315, now 2.33 (-1bp) with the curve ~2bps steeper. Big new o/n was China inflation nos (see above) coming in below exp (CPI 1.3 vs 1.5). Core Euro bonds higher, with 10Y...

09/11/2015

Market update US tsys trading lower, curve flatter, US 10Y 2.347 (+1.8bps). Core Euro bonds mixed, German bunds higher on report from Reuters saying a consensus is building at the ECB to cut the deposit rate further. Euro stocks ~0.25% lower, USD lower, crude flat and...