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 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...
by admin | Jul 3, 2018 | comments
Market Update US tsys lower, 10Y 2.877%, as equity markets are strong (S&P fut +11, while crude has reached multi year highs despite Saudi reaffirming 1mln bbl production increase. Light data day in the US with auto sales, factory orders and early close for July...
by admin | Jul 3, 2018 | comments
Market Update US tsys weaker before May Personal Income/Spending (0.4/0.4 exp) at 8:30, Chicago PMI at 10:00. US 10Y 2.85% (+1.5bps) on above avg volume in TY (445k). Stock futures higher (S&P +11) while the euro spiked on news of EU migration deal. Core EGBs...
by admin | Jul 3, 2018 | comments
Market Update US tsys little changed, slight bid tone after Merkel comments on EU tariffs, US 10Y 2.822%, heavy volume in TY futures (425k). Stock futures fading, S&P -10pts, DAX -1.3%. Crude also giving up earlier gains, after WTI traded close to $73, now 72.5 ,...
