TURKEY: CDS, TRY, Turkish Banks Rallying on CHP Ruling

Oct-24 08:34

You are missing out on very valuable content.

* Extended reaction to the court ruling is resolutely positive for Turkish markets - the Borsa Ist...

Historical bullets

EURIBOR OPTIONS: Ratio Put Spread Strip

Sep-24 08:31

0RZ5 97.9375/97.75ps 1x2 with 2RZ5 97.75/97.625 ps 1x2, sold the strip at 2.25 in 2.5k.

EURIBOR OPTIONS: Call Spread Buyer

Sep-24 08:24

ERM6 98.25/98.37cs, bought for 2.25 in 10k.

CROSS ASSET: USD extends small gains

Sep-24 08:09
  • No real reaction in Bund, althought it has pushed higher after the German IFO missed expectatio, came below consensus, the EURUSD dipped  to session low on tyhe back of it.
  • The liquidity has been quite poor acroos assets in early and most of the moves in G10 FX have been a function of the Dollar bid, as Cable also push through a new intraday low.
  • Closest Technical in G10 FX is in Cable, with the next support eyed at 1.3458, the Trendline support drawn from the Aug 1 low.