05/09/2019

Market Update US tsys lower, yields 3-4bps higher, 10Y 1.505 (+4bps), positive sentiment on news trade talks will resume between the US & China in October. Huge beat on ADP – 195k vs 148k exp. Rally in GBP & pullback in gilts, 10Y gilt +8bps 0.57%...

CTI Cad rates comment & BOC Preview

The BOC expected to leave rates unchanged at 1.75% and issue a cautious outlook given uncertainties over trade. Since the July MPR , the Canadian economy has remained relatively robust , with Q2 GDP coming in at 3.7% vs 2.3% forecast in MPR. Meanwhile inflation has...

04/09/2019

Market Update US tsys lower, yields 1-3bps higher led by the long end, 10Y 1.485% (+3bps), ‘risk on’ with US stock futures higher, S&P +26,  crude  +1.5%,  gold -10, DXY -0.40%. The Hang Seng index rose 3.9%, largest one day gain since nov 2018 as...

03/09/2019

Market Update US tsys higher this morning, yields 1-1.5bps lower with the 10Y 1.48%, heavy volume in TY futures (~715k).  Core EGBs leading tsys , UK 10Y gilts 4bps lower at 0.37% new record low  with the GBP sliding to the lowest since 2016 – ...

30/08/2019

Market Update Tsys lower, yields 1.5-2.5bps higher, 10Y 1.52% (+2.5bps), avg volume in TY futures (390k). US equity futures rose in Asia with Asian equities, then continued in Europe, despite arrests of several prominent Hong Kong protesters.  US July Personal...

29/08/2019

Market Update US tsys slightly lower on avg volume in TY futures (345k), 10Y 1.50% (+1.5bps). ‘Risk on’ trade as China announced China will not retaliate against the latest round of US tariffs, S&P futures +28, Chinese yuan stronger (+0.3%) . Highlights include US...