REFINING: Idemitsu Kosan’s Yokkaichi Refinery Shut CDU for Maintenance

Jun-06 11:18

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* The Yokkaichi refinery in central Japan shut the 155kb/d No.3 crude distillation unit on May 19 ...

Historical bullets

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.
IKM5 Comdty (Euro-BTP Future   J 2025-05-07 12-11-37

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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