EUR: A decent push higher in the EURCAD
Dec-06 13:57
- A decent jump for the EURCAD, with Unemployment rates coming higher for the US and Canada, was just a 1 tenth for the US, and for Canada came at 6.8% vs 6.6% Consensus, but note that the Labour report can sometime be noisy for Canada.
- Nevertheless, a continuation higher would see the resistance at 1.5000, which is pretty much spot on with the 76.4% retrace of the November fall.
(Chart source: MNI/Bloomberg):
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US TSY FUTURES: BLOCK: Large Dec'24 10Y Sale
Nov-06 13:57
- -15,800 TYZ4 109-13, sell through 109-15.5 post time bid at 0838:00ET, DV01 $1M. The 10Y contract has since gained slightly: 109-15.5 last (-29.5).
GOLD: Close to $100 lower
Nov-06 13:48
- Gold has lost close to $100 ($89 so far) from its overnight high, taking its cue from the broad base bid into the USD.
- Next immediate support is at $2642.7 - 50-day EMA.
STIR FUTURES: BLOCK, Red Dec'25 SOFR Sale
Nov-06 13:33
- -10,000 SFRZ5 96.18, post time bid at 0823:04ET, the Red Dec'25 contract trades 96.17 last (-.095).
