EGB FUNDING UPDATE: Netherlands 2026 funding reaction
Dec-12 15:17
* Overall, the around E50bln 2026 DSL funding target for the Netherlands is a bit higher than we h...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
OIL: Fallout From OPEC+ Report Still Driving Crude Weakness
Nov-12 15:05
Weakness in crude benchmarks has extended through the afternoon, with Brent futures now down over 2.5% on the session at ~$63.50. As noted in earlier posts, the trigger for the selloff has been the latest Monthly Oil Market report from OPEC+. The report pointed to a market surplus forming in Q3, contrary to prior expectations for a deficit.
- Our commodities team notes that OPEC has typically been the most bullish vis a vis supply-demand fundamentals and the Q3 surplus reinforces concerns for an oversupplied market.
- Initial support in COF6 is the November 6 low at $62.84, which shields the bear trigger at $59.97 (Oct 20 low).
GILTS: Off Pullback Lows, Bulls Remain In Control
Nov-12 14:55
Gilts draw support from the bid in EGBs and cross-market inputs (oil lower & equities off highs) detailed in recent bullets.
- Bears failed to close yesterday’s opening gap higher in futures and the technical picture in the contract remains bullish, with key resistance located at 93.98.
SOFR OPTIONS: Midcurve Put strip
Nov-12 14:55
2QX5 96.75/96.68p strip, bought for half in 4k.
