OIL: EIA Weekly US Petroleum Summary - Week to Mar 15

Mar-20 14:34

- w/w change week ending Mar 15


Historical bullets

GILTS: Continuing To Coil

Feb-19 14:01

Cash gilt yields are within 1.5bp of Friday’s close, with a very modest twist steepening seen on the curve.

  • Gilt futures stick to the 29-tick range identified early on, last dealing -5 on the day, meandering around unchanged levels.
  • Well-defined technical parameters remain intact in the contract.
  • Local headline flow has been light since the open.
  • SONIA futures show flat to -2.0 through the blues, comfortably off session lows.
  • BoE-dated OIS prices ~66bp of cuts through ’24, with the first 25bp cut once again fully discounted come the end of the Aug ’24 MPC.
  • Medium-dated APF sales from the BoE are due this afternoon.
  • For a full preview of this week’s UK economic data, BoE speak and supply matters please see our latest Gilt Week Ahead piece.

FRANCE T-BILL AUCTION RESULTS: 13/16/26/49-Week BTFs

Feb-19 13:59
Type 13-week BTF 16-week BTF 26-week BTF 49-week BTF
Maturity May 23, 2024 Jun 12, 2024 Aug 21,2024 Jan 29, 2025
Amount E3.497bln E585mln E1.696bln E1.494bln
Target E3.1-3.5bln E0.2-0.6bln E1.3-1.7bln E1.1-1.5bln
Previous E3.195bln E500mln E1.294bln E1.597bln
Avg yield 3.838% 3.798% 3.746% 3.477%
Previous 3.825% 3.785% 3.755% 3.408%
Bid-to-cover 2.06x 4.27x 4.45x 3.58x
Previous 2.53x 4.15x 4.86x 3.20x
Previous date Feb 12, 2024 Feb 05, 2024 Jan 22, 2024 Feb 12, 2024

MNI: CANADA JAN INDUSTRIAL PRICES -0.1% MOM; EX-ENERGY +0.1%

Feb-19 13:30



  • MNI: CANADA JAN INDUSTRIAL PRICES -0.1% MOM; EX-ENERGY +0.1%
  • CANADA JAN RAW MATERIALS PRICES +1.2% MOM; EX-ENERGY +0.2%