30/10/2019

Market Update US tsys trading slightly higher led by the long end, low volume in TY futures (215k), US equity futures unch,  quiet conditions before FOMC decision this aft. A third rate cut is priced in for the Fed today, what will be in focus is outlook for...

29/10/2019

Market Update US tsys higher, yields 1bp lower across the curve on avg volume, 10Y 1.833%, S&P futures little changed (-2.5) after reaching record high yest. Second tier data in the US included Consumer Sentiment & Pending Home Sales before FOMC tomorrow....

28/10/2019

Market Update US tsys trading lower on avg volume (382k), 10Y 1.84% (+5bps), tsy curve 1bp steeper 2s10s @19bps. Big data week highlighted by FOMC (25bp cut expected) & Payrolls. Equity futures continuing higher (S&P +12, Nasdaq +39) with the S&P500 poised...

25/10/2019

Market Update Tsys trading higher after very low volume o/n session (205k TY futures), equity futures giving up early gains (S&P -2.0, Nasdaq -2.75), US 10Y 1.75% (-1.5bps). Amazon down 6.5% pre-mkt on earnings miss and lower guidance. University of Michigan...

24/10/2019

Market Update Tsys trading slightly higher, yields ~1bp lower across the curve, S&P futures +6, crude unch 55.90, light volume in TY futures (300k). ECB left rates unch as expected, Draghi final press conference coming up.  German bunds paring losses after...