04/07/2016

News headlines Commodities Advance, Boosting Miners; European Equities Decline (Bloomberg)  Precious metals led commodities higher, boosting mining stocks, on speculation central banks in some of the world’s leading economies will step up monetary stimulus in the wake...

30/06/2016

Market update  US tsys slightly higher, recovering from earlier losses which saw the 10Y go above 1.54% after yesterday afternoon selloff, 10Y now 1.51%. GOCs higher, in line with tsys – both tsys/GOCs bid on drop in crude below $49, reversal in European equities....

29/06/2016

Market update  US tsys mixed, curve flatter US 10Y unch @1.47%, longs well bid for a second day, 10s30s 2bps flatter.  Global stocks higher with the Nikkei +1.59% and Euro stocks ~2%. Commodities higher – crude up another 0.65% after 3% increase yest on API data which...

28/06/2016

Market update US tsys lower, yields 2-4 bps higher, curve flatter with longs outperforming, US 10Y 1.477 (+3.7bps) vs 1.458 at the close yest. Euro stocks 2.7% higher, EU peripheral spds tighter led by Spain. Tsys fell in Asian on Asia real money selling, weakness in...

27/06/2016

Market update US tsys rallying hard for a second day, yields down 5-10 bps across the curve as the British pound fell below Friday’s post Brexit vote low 1.3250. The FTSE is off 2.0% led by a 7.7% decline in financials. Core European bonds sharply higher, UK 10Y below...

23/06/2016

Market update US tsy yields 2-5bps higher, curve 2bps steeper as European bonds decline, stocks rise on latest Brexit polls which show ‘remain’ firmly in the lead. Euro stocks up 2.0% led by banks with the Euro Stoxx bank index up 3.0%, its fourth straight up day....