10/09/2019

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...

09/09/2019

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,...

05/09/2019

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%...

CTI Cad rates comment & BOC Preview

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...

04/09/2019

Market Update US tsys lower, yields 1-3bps higher led by the long end, 10Y 1.485% (+3bps), ‘risk on’ with US stock futures higher, S&P +26,  crude  +1.5%,  gold -10, DXY -0.40%. The Hang Seng index rose 3.9%, largest one day gain since nov 2018 as...