by admin | Feb 18, 2019 | comments
Market Update Having previously reached a (fragile) truce on NAFTA and currently appearing to make progress on bilateral trade talks with China, the US now seems to be opening up another front against the EU. The US has been accused of attempting to pressure EU...
by admin | Feb 15, 2019 | comments
Market Update Tsys trading lower, yields 1-2bps higher, 10Y 2.67% after positive US/China headlines after Xi noted important progress in talks. EGBs quiet, bunds slightly higher, gilts flat, Italy 10Y BTPs 7bps higher. Equities in Europe 1.3% higher, S&P futures...
by admin | Feb 14, 2019 | comments
Market Update Modest overnight volume from sidelined accts partially based on competing headlines that Trump will sign bipartisan border funding deal and to avoid self-imposed Feb 15 deadline, but potential for late hour rejection always a potential. On another...
by admin | Feb 13, 2019 | comments
Market Update Tsys trading 2bps higher after Jan CPI came in weaker than exp – 0.0%/1.6% vs 0.1%/1.5% exp), core 1.6% vs 1.5% exp – 10Y 2.70%. Global equities extending gains after data, S&P futures + 8. Trade news with Trump mentioning he...
by admin | Feb 12, 2019 | comments
Market Update Carry over risk-on, relief rally in equities (SPX +19.00 at 2727.25) as risk sentiment has received a boost from signs that Republicans and Democrats have reached a tentative truce to avoid another government shutdown, as well as indications that the...
