by admin | Apr 15, 2019 | comments
Market Update Rates drifting around steady to mildly mixed after the bell, long end buying last few minutes. Generally quiet inside range day so far. Equities mildly weaker (SPX -1.0 at 2911.5); US$ index lower (DXY -.158, 96.814). Otherwise quiet ahead next...
by admin | Apr 12, 2019 | comments
Market Update US tsys weaker on strong ‘risk on’ tone after better than expected China data (exports surged 14.2% in March vs 6.5% exp, +21% in Yuan terms), 10Y 2.54% (+4.7bps), S&P futures +16, crude 64.40 (+0.82), USD index reversing Thursday’s gains, -0.305...
by admin | Apr 11, 2019 | comments
Market Update US tsys trading lower, 10Y 2.485% (+2bps), low volume in TY futures (228k). US equity futures slightly higher, crude lower 64.04 (-0.88). Core EGBs mixed, 10Y gilt yields at three-week high following Brexit extension until October 31st. US March...
by admin | Apr 10, 2019 | comments
Market Update US tsys trading slightly higher on low volume in TY futures (275k), 10Y 2.50%. March CPI and FOMC minutes this afternoon. Equities rebounding from Tuesday’s losses, S&P futures +7. Crude higher, 64.35 (+0.38) before DOE crude inventory data. OPEC’s...
by admin | Apr 9, 2019 | comments
Market Update US tsys slightly higher, yields 0.5bps lower, S&P futures -3.5., crude 64.44 unch after yest 2.0% gain. Muted volume in TY futures (285k) with little in the way of macro drivers. Bunds/gilts recovering form early plunge after news that Merkel...