ZAR: Rand Regains Poise After Tuesday's Drop
Nov-05 08:48
The 50-EMA gave way and USD/ZAR surged to the highest point in almost eight weeks yesterday as risk-...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
EURIBOR OPTIONS: 2yr vs 3yr Midcurve
Oct-06 08:45
2RZ5 97.75/98.00cs vs 3RZ5 97.62/97.87cs, bought the 2yr for 2.75 in 2.5k.
GILTS: Off Lows
Oct-06 08:44
Some stabilisation after the early sell off means that recent/cycle highs across benchmark yields remain untested/some distance away, depending on the maturity.
- Goldman Sachs continue to expect “lower Gilt yields in coming quarters and forecast 10-Year yields at 4.40% by year-end, with three requirements for relief”…”additional evidence that disinflation is progressing is the crucial element”…”a credible government response to the rising fiscal gap (adherence to fiscal rules, avoidance of inflationary tax rises, and a contractionary budget paving the way for BoE easing)”…”some stabilisation in the global duration backdrop”.
- Note that Goldman continues to recommend 2s5s steepeners.
EGB OPTIONS: Schatz Put Spread
Oct-06 08:33
DUX5 107.10/107.00ps, sold at 6.25 in 3k (ref 107.03).
