REFINING: Idemitsu Kosan’s Yokkaichi Refinery Shut CDU for Maintenance
Jun-06 11:18
- The Yokkaichi refinery in central Japan shut the 155kb/d No.3 crude distillation unit on May 19 for scheduled maintenance, according to a company spokesperson cited by Reuters.
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BONDS: BTP and OAT are leading higher in EGBs
May-07 11:16
- The BTP and the OAT futures are still leading in EGBs, the initial bid in OAT and wider Bonds came after the French heavy supply.
- Desks will look for the big resistance at 120.57 initially (see chart).
- Bund is still finding some resistance ahead of 131.24, but worth keeping an eye on BTP and OAT, although big moves could be limited ahead of the FOMC.
BTP: Basis trade
May-07 11:07
BTP Basis trade, suggest Cash buyer:
- IKM5 ~2k at 120.13.
DUTCH AUCTION PREVIEW: On offer next week
May-07 11:01
DSTA has announced it will be looking to sell E1.5-2.0bln of the 2.00% Jan-54 DSL (ISIN: NL00150012X2) at its auction next Tuesday, May 13.
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