OPTIONS: Expiries for Feb28 NY cut 1000ET (Source DTCC)
Feb-27 15:44
- EUR/USD: $1.0390-00(E4.0bln), $1.0430-50(E912mln), $1.0460-65(E651mln), $1.0500(E1.2bln), $1.0550(E1.7bln), $1.0600(E1.0bln)
- USD/JPY: Y149.50($800mln), Y150.00($1.2bln), Y151.30($749mln)
- AUD/USD: $0.6400-20(A$985mln), $0.6500-10(A$1.2bln)
- NZD/USD: $0.5615(N$627mln)
- USD/CAD: C$1.4290-00($1.5bln), C$1.4360-80($1.3bln), C$1.4400($1.4bln), C$1.4495-00($1.5bln)
- USD/CNY: Cny7.2500($769mln)
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
US DATA: Regional Fed Mfg Surveys Point To Sizeable ISM Mfg Upside Risk
Jan-28 15:37
- The Richmond Fed manufacturing survey rounded out the five regional Fed reports for January, with the five on balance seeing a sequential improvement.
- The Richmond mfg index beat expectations as it increased to -4 in Jan (cons -10) from -10 in Dec for a further improvement away from the low of -21 in September. It’s now the least negative since May.
- New orders painted a broadly similar story, at -4 after -11 although that was its least negative since Oct 2023.
- Looking more broadly, three of the five regional Fed indices saw improvements in January, whilst Kansas held steady for roughly a fourth consecutive month and Empire gave back some of its prior gains.
- Philly clearly stood out though, surging from -10.9 to 44.3 for the highest since the 44.4 in Apr 2021 and before that 1984.
- That biased the unweighted average of the five series firmly higher, rising from -3.9 to +7.4 for its first positive reading since May 2022.
- Taken directly, it points to an ISM manufacturing reading comfortably in the 50s at would be a sizeable beat, currently expected at 48.9 in Jan after 49.2 (released next Monday). However, the localized nature of regional strength suggests caution is needed.
GILT AUCTION PREVIEW: On offer next week
Jan-28 15:33
The DMO has announced it will be looking forward to sell GBP4.25bln of the 4.375% Mar-30 Gilt (ISIN: GB00BSQNRD01) at its auction next Tuesday, February 4.
PIPELINE: Corporate Bond Issuance Update: $2B Arab Republic of Egypt 2Pt Launch
Jan-28 15:22
- Date $MM Issuer (Priced *, Launch #)
- 01/28 $2B Carnival Corp 8NC3
- 01/28 $2B #Arab Republic of Egypt $1.25B 5Y 8.625%a, $750M 8Y 9.45%
- 01/28 $750M #Ziraat Bank 5Y 7.375%
- 01/28 $Benchmark American Express 6NC5 +100a, 6NC5 SOFR, 11NC10 +120a
- 01/28 $Benchmark Toronto-Dominion Bank 3Y +85a, 3Y SOFR, 7Y +105a
- 01/28 $Benchmark Capital One 11NC10 +195a
- 01/28 $Benchmark JPMorgan PerpNC5 7%a
- 01/28 $Benchmark Aircastle 5Y +137.5a
- 01/28 $Benchmark ForteBank 5Y 8%a
Trending Top
May-09 15:07
