08/07/2016

Market update US tsys  lower after June non farm payrolls surged 287K vs 180K exp with the 3mo avg 147K, with the unemployment rate up 0.2% at 4.9% – Us 10Y 1.415 (+2.9bps). S&P minis higher after strong figures, Euro Stoxx +2.0%. Canadian empl fell 0.7k...

07/07/2016

Market update US tsys opening lower, 10Y 1.39 (+2bps), moving slightly lower after better than exp ADP employment (172K vs 160K). Core Euro bonds lower led by 30Y gilts, which at 1.60% are still ~60bps lower post Brexit – the 10Y gilt auction saw strong demand (b/c...

06/07/2016

Market update Another risk off session overnite, US tsys sharply higher, curve 4bps flatter, US 10Y 1.33 (-4bps) with UK gilts outperforming amid lower European stocks and a collapse in the GBP below 1.30. UST 10& 30Y yields at new record lows with some profit...

05/07/2016

Market update US tsys sharply higher, gapping higher in Tokyo on strong volume in TY futures (427k) with the 10Y yield reaching record low 1.375% in London, and the 30Y also record low 2.1395%. The tsy 5/30 curve flattest since April 2015. Commodities mixed – silver...

04/07/2016

News headlines Commodities Advance, Boosting Miners; European Equities Decline (Bloomberg)  Precious metals led commodities higher, boosting mining stocks, on speculation central banks in some of the world’s leading economies will step up monetary stimulus in the wake...