by admin | Jul 17, 2018 | comments
Market Update US tsys slightly higher, near top of overnite range on avg volume in TY futures (~240k), 10Y 2.85% (-0.7bps). Focus on Fed Powell semi-annual testimony at 10:00ET. Equities weaker (S&P fut -3, Nasdaq -7) after Netflix, Goldman Sachs earnings. GS...
by admin | Jul 16, 2018 | comments
Market Update Tsys trading slightly lower , yields 0.8-1.5bps higher across the curve, the 10Y 2.84% (+1.3bps), narrow range in TY futures on very light volume (133k, less than 50% of avg). Retail Sales/Empire Man at 8:30, Fed Powell semi annual testimony Tuesday at...
by admin | Jul 6, 2018 | comments
Market Update Tsys higher, near top of narrow o/n range on light volume (250k TY), before non farm payrolls at 8:30 (+185k exp). USD index, equities slightly weaker, little reaction to imposition of tariffs between the US & China. GOCs higher, in line with tsys,...
by admin | Jul 5, 2018 | Uncategorized
Market Update Tsys trading lower, limited reaction to lower than exp ADP (177k vs 190k), 10Y 2.85%, above avg volume in TY futures (422k). ‘Risk on’ rally in stocks(S&P futures +21, Nasdaq fut +62) as EU officials are considering reducing tariffs on imported cars...
by admin | Jul 4, 2018 | comments
Market Update With the US mkt closed for the July 4th holiday, volumes in GOCs, futures expected to be minimal. Core EGBs lower led by UK gilts, led by the 2-5Y after UK Services PMI surprised to the upside 55.1 in June vs 54. Mkt pricing for a BOE rate hike in...
