US DATA: Revelio Labs Reports A 19k Increase In Jobs In March

Apr-02 12:32

Revelio labs: +19K "The monthly change in this total employment is a proxy for number of jobs added...

Historical bullets

LOOK AHEAD: Tuesday Data Calendar: Redbook Retail Sales, Fed Speaker, Tsy Bills

Mar-03 12:28
  • US Data/Speaker Calendar (prior, estimate). All times ET
  • 03/03   --    Wards Total Vehicle Sales
  • 03/03 0855 Redbook Retail Sales Index
  • 03/03 0955 NY Fed Williams moderated discussion
  • 03/03 1130 US Tsy $90B 6W bill auction
  • 03/03 1155 MN Fed Kashkari Bbg investment conf
  • Source: Bloomberg Finance L.P. / MNI

OIL: Fibonacci Resistance Levels Eyed As Rally Extends

Mar-03 12:23

Oil prices have continued to rally amid the effective closure of the Strait of Hormuz and wider escalation in the Middle East, with WTI & Brent rallying by more than 8%, breaching yesterday’s highs.

  • U.S. President Trump has stressed that the U.S. will do "whatever it takes" to achieve its military objectives in Iran. Several senior U.S. officials have signalled an impending significant expansion in in strikes.
  • Elsewhere, recent comments from the IEA point to a readiness to stabilise the oil market, ahead of holding an Iran-centric meeting later today.
  • Some sell-side names have suggested that the effective closure of the Strait of Hormuz and continued attacks on shipping vessels/infrastructure are likely to persist for at least four weeks, with disruptions to LNG & oil flows lasting longer.
  • Fibonacci projections ($84.42 for Brent & $78.05 for WTI) present the next upside targets of note.

EGB OPTIONS: Schatz outright Put buyer

Mar-03 12:16

DUJ6 106.50p, bought for 14.5 and 15 in 6k (ref 106.52 in DUM6).