by admin | Sep 11, 2019 | comments
Market Update Tsy futures trading modestly weaker, off lows to top end overnight range last few minutes, decent volume (TYZ>395k). Yld curves unwind portion of wk’s bear steepening (3M10Y +35bp from last weeks lows).Treasuries have only seen small moves ahead...
by admin | Sep 10, 2019 | comments
Market Update Treasuries have underperformed both Bunds and gilts so far this morning. There is very little in the way of key US data this afternoon with JOLTS the only highlight on a sparse calendar. Mildly weaker across the board, off early overnight lows/near top...
by admin | Sep 9, 2019 | comments
News headlines U.S. Stock Futures Advance Amid Bets on Easing: Markets Wrap (Bloomberg) U.S. stock-index futures climbed with equities in Asia as traders weighed a series of fresh stimulus moves expected from the world’s central banks. Shares fluctuated in Europe,...
by admin | Sep 5, 2019 | comments
Market Update US tsys lower, yields 3-4bps higher, 10Y 1.505 (+4bps), positive sentiment on news trade talks will resume between the US & China in October. Huge beat on ADP – 195k vs 148k exp. Rally in GBP & pullback in gilts, 10Y gilt +8bps 0.57%...
by admin | Sep 4, 2019 | comments
The BOC expected to leave rates unchanged at 1.75% and issue a cautious outlook given uncertainties over trade. Since the July MPR , the Canadian economy has remained relatively robust , with Q2 GDP coming in at 3.7% vs 2.3% forecast in MPR. Meanwhile inflation has...