EQUITIES: EU bank stock option
Jun-10 09:26
- SX7E 16th Dec 110c, sold at 0.95 in 10k.
- There's decent OI at that strike with 400k
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
BTP: BTP up 140 ticks, leading EGBs
May-11 09:19
- BTP is still leading in EGBs, up 140 ticks.
- BTP/Bund spread is 6.4bps tighter, and back below the 200bps mark, at 193.3.
- In terms of technical for the BTP, resistance is seen much further out, towards 130.03 (5th May high).
- The 10yr Yield, printed a 2.818% low on that day, and today reference 128.87, this would equate to 129.90.
BONDS: TY1 futures match May's highs
May-11 09:18
- After a relatively stable Asian session, core fixed income started moving higher again as Europe got into the office. TY1 futures matched last Thursday's high (which was also the high of May so far) and continues to challenge the 119-09+ level but has failed to break through as yet.
- The focus this morning has been on ECB speakers, with many more still due to come (the majority are speaking in Ljubljana). There has been little new from comments so far, however.
- The main highlight of the day, however, will be US CPI. The FOMC consensus appears increasingly set on 2x50bp hikes in Jun/Jul but implications further along the rate path will depend on the usual breadth of inflationary pressure and what happens to stickier rent components. For the full MNI CPI Preview click here.
- TY1 futures are up 0-14+ today at 119-07+ with 10y UST yields down -6.7bp at 2.927% and 2y yields down -4.3bp at 2.571%.
- Bund futures are up 0.64 today at 153.59 with 10y Bund yields down -4.0bp at 0.958% and Schatz yields down -5.5bp at 0.101%.
- Gilt futures are up 0.47 today at 119.61 with 10y yields down -4.4bp at 1.802% and 2y yields down -2.8bp at 1.287%.
EQUITIES: Cyclical Stocks Lead Early European Gains
May-11 09:08
- Asian markets closed mostly higher: Japan's NIKKEI closed up 46.54 pts or +0.18% at 26213.64 and the TOPIX ended 11.23 pts lower or -0.6% at 1851.15. China's SHANGHAI closed up 22.859 pts or +0.75% at 3058.703 and the HANG SENG ended 190.88 pts higher or +0.97% at 19824.57.
- European stocks continue to rebound, with the German Dax up 129.34 pts or +0.96% at 13611.41, FTSE 100 up 70.66 pts or +0.98% at 7243.22, CAC 40 up 88.52 pts or +1.45% at 6116.91 and Euro Stoxx 50 up 59.48 pts or +1.67% at 3588.99.
- U.S. futures are bouncing as well, with the Dow Jones mini up 273 pts or +0.85% at 32360, S&P 500 mini up 41 pts or +1.03% at 4037.75, NASDAQ mini up 154.75 pts or +1.25% at 12503.75.
Related bullets
Related by topic
Equities Bullets
AT&T Market News
Bank of America Market News
FX Bullets
Homepage Section
FI Bullets
