EQUITIES: Soft Start To US Payrolls Day

Jul-08 09:17
  • Asian markets closed mixed: Japan's NIKKEI closed up 26.66 pts or +0.1% at 26517.19 and the TOPIX ended 5.1 pts higher or +0.27% at 1887.43. China's SHANGHAI closed down 8.32 pts or -0.25% at 3356.078 and the HANG SENG ended 82.2 pts higher or +0.38% at 21725.78.
  • European stocks are a little softer, with Materials/Financials weakness weighing most heavily: German Dax down 67.04 pts or -0.52% at 12790.44, FTSE 100 down 9.06 pts or -0.13% at 7177.74, CAC 40 down 29.98 pts or -0.5% at 5974.07 and Euro Stoxx 50 down 33.1 pts or -0.95% at 3458.99.
  • U.S. futures are slightly lower, with the Dow Jones mini down 132 pts or -0.42% at 31235, S&P 500 mini down 19.75 pts or -0.51% at 3885.25, NASDAQ mini down 76.25 pts or -0.63% at 12062.25.

Historical bullets

EGB OPTIONS: Bund put fly

Jun-08 09:18

RXU2 142.5/140.5/138.5p fly, bought for 9 in 2.5k

EQUITIES: Mixed European Performance After Asia Closes Stronger

Jun-08 09:14
  • Asian stocks closed higher: Japan's NIKKEI closed up 290.34 pts or +1.04% at 28234.29 and the TOPIX ended 22.95 pts higher or +1.18% at 1969.98. China's SHANGHAI closed up 22.03 pts or +0.68% at 3263.793 and the HANG SENG ended 482.92 pts higher or +2.24% at 22014.59.
  • European equities are mixed, with few discernable themes (Energy and Tech are leading, Financials and Consumer Staples lagging): the German Dax down 28.14 pts or -0.19% at 14530.97, FTSE 100 up 3.8 pts or +0.05% at 7601.13, CAC 40 down 13.01 pts or -0.2% at 6486.79 and Euro Stoxx 50 up 3.23 pts or +0.08% at 3810.79.
  • U.S. futures are a little weaker, with the Dow Jones mini down 130 pts or -0.39% at 33034, S&P 500 mini down 15 pts or -0.36% at 4143.75, NASDAQ mini down 32.25 pts or -0.25% at 12680.

USD: Broader base buying

Jun-08 09:07
  • A one way direction for the YEN, with USDJPY now testing next resistance at 133.84 (printed 133.86 high so far).
  • Above the latter sees the psychological 134.00, ahead of next resistance at 134.48 1.236 proj of the Feb 24 - Mar 28 - 31 price swing
  • More broad base buying of USD going through at session high against EUR, GBP, CHF, CAD, AUD, NZD, CNH and CNY.