23/11/2018

Market Update Tsys trading higher, top of o/n range on above avg volume , 10Y 3.05% (-1.5bps). US stock futures are lower, Euro stocks mixed, while brent crude fell to the lowest level since 2017. GOCs outperforming tsys by 0.5-1bp despite Oct CPI rising to 2.4% y/y...

22/11/2018

Market Update Quiet day with the US closed for thanksgiving. In EGBs, UK gilts are trading lower following EU-UK draft agreement on Brexit, with the GBPEUR cross higher, 10Y gilt + 2bps @ 1.41%. German bunds outperforming along with peripherals, German 10Y 2bps lower,...

21/11/2018

Market Update US tsys trading slightly lower, recouping earlier losses after very weak Durable goods (-4.4vs vs -2.6%), yields 0.5-1bp higher, with the 10Y 3.06%, heavy volume in TY futures (773k). Stocks rebounding, S&P futures +25, crude 54.70 (+2.4%). Busy day...

20/11/2018

Market Update US tsys trading higher, near highs of o/n range on strong volume in TY futures (760k),the 10Y 3.04% (-2bps), curve ~2bps flatter 2s10s. Equity futures in the red, poised to extend yesterday’s selloff – Nasdaq futures -1.6%. Light day for eco only Phili...

19/11/2018

Market Update The week ahead should be rather quiet due to the Thanksgiving holiday market closure Thursday followed by an early close Friday. As far as Fed speaker engagements, looks like New York Federal Reserve President John Williams is the only one on tap with...