by admin | Aug 3, 2016 | comments
Market Update US tsys slightly higher on avg volume in TY1 futs, curve flatter & US 10Y 1.55% (-1bp)- tsys barely reacting to better than expected ADP (179k vs 170k). Euro equities slightly higher, giving up earlier gains after yest saw the Euro Stoxx down 2.0%...
by admin | Aug 2, 2016 | comments
Market Update US tsys lower, curve bear steepening as longs underperform, US 10Y 1.56 (+3.4bps), despite another weak session for European equities (-1.5%) with and the Nikkei -1.5%. The RBA cut rates to a record low 0.50%.Main focus overnite was continued rout in...
by admin | Jul 29, 2016 | comments
Market Update US tsys rebounding from o/n losses after Q2 GDP came in way below expectations 1.2% vs 2.5% exp with Q1 revised lower as well, US 10Y 1.51 (+1bps). GDP shortfall mainly an inventory story as inventories subtracted 1.2% while final sales were 2.4% vs 1.2%...
by admin | Jul 28, 2016 | comments
Market Update US tsys opening lower on avg volume in Ty1 futs, US 10Y 1.515%, giving back a little after yesterday’s 5bp rally post FOMC. Tsys pressured in Asian trasing despite lower Nikkei , mkts awaiting BOJ decision tomorrow. Crude lower for a 4th day after...
by admin | Jul 27, 2016 | comments
News headlines Market Update US tsys higher after weak durable goods orders (-4.0% vs -1.4% exp), curve flatter, US 10Y 1.57%, on average volume in TY futures. Tsys pressured lower following announcement of Japan fiscal stimulus package by PM Abe which was not...
by admin | Jul 26, 2016 | comments
News headlines US tsys higher, US 10Y 1.558 (-1.8bps) curve flatter in ‘risk off’ move as the Nikkei fell 1.5% and the Yen rose on rumors of smaller than expected BOJ stimulus. Japan’s finance minister said the size of the fiscal stimulus package has yet to be...