IRAN: Finnish President Emerges As Potential US-Iran Intermediary

Apr-02 16:01

Finnish President Alexander Stubb said in a statement on X: https://x.com/alexstubb/status/203971455...

Historical bullets

OPTIONS: Expiries for Mar04 NY cut 1000ET (Source DTCC)

Mar-03 15:53
  • EUR/USD: $1.1550(E640mln), $1.1600(E1.2bln), $1.1675(E624mln), $1.1750(E963mln)
  • USD/JPY: Y156.00($748mln)
  • EUR/GBP: Gbp0.8650(E937mln)
  • AUD/USD: $0.7000(A$815mln)
  • USD/CNY: Cny6.8850($750mln), Cny6.9150($896mln)

US TSYS: Tentative Safe Haven Support as Equities Extend Retreat

Mar-03 15:35
  • Still weaker, Treasuries are bouncing off lows as equity indexes extend their retreat (SPX emini -2.34%) as support for oil and gas stocks evaporates.
  • Energy sector shares had outperformed since the US/Israel conflict with Iran started - not the case now, however. While WTI crude rises over 8% (+17.25%/wk), oil and gas shares have come under pressure in the last hour, SLB, Halliburton and Exxon Mobil leading the retreat.
  • TYM6 currently trades -4.5 at 112-30 vs. 112-16.5 low. 10Y yield still over 4% at 4.0651% vs. 4.1151% morning high. initial resistance above at 113-13+/114-06 (low Feb 27 / High Mar 2 and key resistance).

GILT SYNDICATION: 4.625% Coupon Set for New Mar-37 Green Gilt

Mar-03 15:32
  • The DMO has announced that the coupon for the next green gilt due to be launched via syndication next week (maturity 7 March 2037) will be 4.625%.
  • As previously announced the joint bookrunners will be Barclays, BNP Paribas, Citi, HSBC, J.P. Morgan and NatWest.
  • MNI pencils in a GBP6.5bln transaction size.