US: House Budget Committee Reconcilliation Markup Underway Shortly

May-16 12:54

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The House Budget Committee is set to gavel in shortly to mark up the Republican tax and spending 'me...

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EQUITIES: Stoxx 50 Futs Fail To Close Opening Gap Lower, ASML Continues To Weigh

Apr-16 12:53

Euro Stoxx 50 futures haven’t quite managed to close their opening gap lower (located at 4,901.00). Some light selling pressure seen alongside similar moves in e-minis in recent trade, pushing the contract away from recovery highs to last print -0.7% or so on the day.

  • Our technical analyst’s initial support of note is still some distance away (the April 10 low at 4,664.00), with shorter-term support seen at the 38.2% retracement of the move from the April 7 low to the April 9 high (4,788.23).
  • ASML shares continue to present the biggest drag for the index after a disappointing earnings report, with the name ~4.4% lower on the day.

US TSY OPTIONS: May'25 10Y Call Spread

Apr-16 12:45
  • Approximately 10,000 TYK 112/114 call spds on screen, ref 111-01.5 to -02.5

US TSY OPTIONS: TYM5 114.00 Calls Lifted

Apr-16 12:42

TYM5 114.00 calls paper paid 0-15 on 5K.