EU TRANSPORTATION: PostNL: Government Brings Forward T+3 Mail to 2027
Oct-03 12:40
(PNLNA: NR/BBB-/NR) (stock +4%) Local news is reporting government will accommodate T+3 mail delive...
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CANADA DATA: Q2 Labour Productivity Down As US Trade War Hits Factories
Sep-03 12:39
- Canada labour productivity -1.0% in Q2 as GDP -0.7% and hours worked +0.3%. It was the biggest decline since Q4 2022, StatsCan says Wed.
- Manufacturing and wholesale were the biggest contributors to the decline amid US trade tensions.
- Q2 hourly compensation (-0.5%) decreased for the first time since the first quarter of 2021.
- Productivity YOY was 0.0%.
STIR FUTURES: BLOCK: Sep'25 SOFR Scale Seller
Sep-03 12:36
Total 40,000 SFRU5 sold over last 30 minutes from 95.9075 to 95.91, latest cross of 20k at 95.91 at 0828:38ET keeping the short end anchored.
OAT: Natixis Recommend Real Yield Entry
Sep-03 12:31
Natixis recommend going long OATei ’36.
- They argue that “much of the French political risk is already priced in and any negative surprises regarding Eurozone growth could lead to a quick decline in real yields”.
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