EU CONSUMER CYCLICALS: Loomis: SEK Mandate
Aug-29 13:28
(LOOMBS 29s; NR/BBB) "A SEK-denominated Senior Unsecured FRN and/or FXD Sustainability-Linked Bond ...
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EQUITIES: US Cash Opening Calls
Jul-30 13:26
US Cash Opening Calls, set for another steady Open as the Globe now waits for the FOMC.
- Calls: SPX: 6,384.0 (+0.2%); DJIA: 44,691 (+0.1%/+58pts); NDX: 23,368.4 (+0.3%).
US TSY OPTIONS: Large Short Term 5Y Midcurve Put Buy/Opener
Jul-30 13:24
- +50,000 wk5 Wednesday FV 108 puts, 1, OI 1,545, expire today
USDCAD TECHS: Corrective Cycle
Jul-30 13:23
- RES 4: 1.4016 High May 12 / 13
- RES 3: 1.3920 High May 21
- RES 2: 1.3862 High May 29
- RES 1: 1.3836 23.6% retracement of the Feb 3 - Jun 16 bear leg
- PRICE: 1.3814 @ 14:22 BST Jul 30
- SUP 1: 1.3688/3557 20-day EMA / Low Jul 03
- SUP 2: 1.3540 Low Jun 16 and the bear trigger
- SUP 3: 1.3503 1.618 proj of the Feb 3 - 14 - Mar 4 price swing
- SUP 4: 1.3473 Low Oct 2 2024
A short-term correction in USDCAD remains in play. Note that price has traded through the 50-day EMA at 1.3730 and this has been followed by a break of resistance at 1.3798, the Jun 23 high. Clearance of 1.3798 represents an important short-term bullish development, signalling scope for a stronger recovery. Sights are on 1.3836 a Fibonacci retracement. On the downside, 1.3540, the Jun 16 low, marks key support.
