by admin | Aug 17, 2018 | comments
Market Update Tsys higher on ‘risk off’ as Turkish lira falls for the first day in four, US Tsy sec Mnuchin threatening further sanctions on Turkey. Also reports Germany/Turkey talked about IMF rescue. US equity futures lower, S&P -7, Nasdaq – 27. GOCs higher...
by admin | Aug 16, 2018 | comments
Market Update US tsys reversing earlier losses, near upper end of overnite range after weaker July Housing Starts, big miss on Aug Phili Fed (11.9 vs 22)- US 10Y 2.865%. US equity futures positive – Walmart +10% pre-mkt after Q2 eps beat ($1.29 vs $1.22), same...
by admin | Aug 15, 2018 | comments
Market Update US tsys rallying across the curve, yields 2-3bps lower on heavier volume in TY futures, 10Y 2.87 (-2.5bps). Little reaction to stronger July Retail Sales/Aug Empire Manuf data. “Risk off” session overnite despite Turkish lira being higher for a 3rd day...
by admin | Aug 14, 2018 | comments
Market Update US tsys slightly lower, narrow range in TY futures on heavier volume (445k), 10Y 2.89%. Relative calm in EM with the Turkish Lira rebounding 5%, EU peripheral bond yields lower. Core EGBs also weighed by stronger than expected Eurozone Q2 GDP, IP. US...
by admin | Aug 13, 2018 | comments
Market Update Tsys slightly lower, 10Y 2.87%, earlier Turkish lira fell to new lows vs the USD. Strong volume in TY futures, ~880k or 4x recent avg. Core EGBS underperforming, Sep gilts fell to session lows after reports Turkey was set to release UK Pastor. US equity...
