EU: LatAm - Brazil Pres: No Mercosur FTA 'In My Presidency' If EU Delays Further

Dec-17 16:30

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Reuters reports comments from Brazilian President Luiz Inacio Lula da Silva, stating that "If we do ...

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US TSY OPTIONS: Large Dec'25 2Y Put

Nov-17 16:30
  • 16,800 TUZ5 104 puts, 2.5 ref 104-03, open interest 40,986 coming into the session.
  • Reminder - November options expire Friday

US: Trump Intensifies Pressure On Indiana GOP As Dems Eye Redistricting Edge

Nov-17 16:29

US President Donald Trump has reiterated a threat to support primary election challenges against Indiana Republicans who vote against drawing a new congressional map for the state that will be beneficial to the GOP in 2026. A new Indiana map could net the GOP two additional seats in 2026. If the move is blocked by the state legislature, it could hand the initiative to a Democratic counter-move in Virginia.

  • Trump wrote,” I will be strongly endorsing against any State Senator or House member from [Indiana] that votes against the Republican Party, and our Nation, by not allowing for Redistricting for Congressional seats...”
  • Trump’s comments come as a pair of favourable redistricting efforts in California and Utah threaten to tip the scales in favour of Democrats, after the GOP initiated a partisan redistricting struggle with an aggressively drawn Texas map.
  • The New York Times noted last week, “Republicans have had an advantage in this year’s redistricting wars because they control the redistricting process in states with more Democratic-held congressional seats. But this advantage is starting to look shaky — shaky enough that it’s possible to imagine how Democrats could fight the redistricting wars to a draw ahead of the 2026 midterms, and perhaps even win them by the 2028 election.”
  • According to Polymarket, Democrats have a 71% implied probability of flipping control of the House in 2026. That number is likely to rise if Indiana Republicans refuse to submit to a new map.
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Source: Washington Post

FED: US TSY 26W AUCTION: NON-COMP BIDS $1.492 BLN FROM $77.000 BLN TOTAL

Nov-17 16:15
  • US TSY 26W AUCTION: NON-COMP BIDS $1.492 BLN FROM $77.000 BLN TOTAL