OAT: Futures Blocked

Jul-16 08:27

You are missing out on very valuable content.

OATU5 3.56K lots blocked at 122.47, would suggest was buyer initiated based on price action. DV01 ~E...

Historical bullets

FOREX: FX OPTION EXPIRY

Jun-16 08:24

Of note:

EURUSD 4.3bn at 1.1540/1.1600.

USDJPY 4.85bn at 145.00 (a little far).

USDCAD 1.35bn at 1.3600 (wed).

EURUSD 1.88bn at 1.1600 (thu).

  • EURUSD: 1.1500 (1.95bn), 1.1540 (407mln), 1.1550 (435mln), 1.1565 (856mln), 1.1580 (741mln), 1.1600 (1.79bn), 1.1650 (721mln), 1.1700 (4.57bn).
  • USDJPY: 145.00 (4.85bn).
  • AUDUSD: 0.6455 (476mln), 0.6505 (302mln).

BONDS: Off Lows On Cross-Market Cues, Curves Steeper

Jun-16 08:18

The weakness in core global FI markets stalls a little in recent trade, seemingly driven by cross-market inputs, with crude oil futures ticking to fresh session lows and Friday’s high in Euro Stoxx 50 futures holding.

  • Core global FI curves still bear steepen on the day.
  • No readthrough from comments from ECB’s Nagel & de Guindos.
  • ECB pricing remains biased towards 1 further 25bp cut in the current cycle, while BoE pricing shows ~45bp of easing through year-end.

SWEDEN: New 3-year EUR SGB Benchmark

Jun-16 08:15

"The Kingdom of Sweden, rated Aaa/AAA/AAA (all Stable) by Moody's/S&P/Fitch, has mandated Danske Bank, Goldman Sachs Bank Europe SE, J.P. Morgan and SEB to lead manage its forthcoming 3-year (due 26 June 2028), fixed rate, EUR-denominated, RegS, syndicated benchmark transaction. The transaction will be launched in the near future, subject to market conditions."

From Market source