TARIFFS: US CBP Preparing System To Process Tariff Refunds - Reuters

Mar-06 16:42

Reuters reports that the US Customs and Border Protection agency is "preparing a system to process t...

Historical bullets

US TSY OPTIONS: Latest Extreme Out-of-the-Money Call Buy/Open Trade

Feb-04 16:36
  • +51,659 TYH6 118.25 calls, cab-7, open trade (OI 100)

FOREX: Softer Risk Sentiment Maintaining Firmer USD Tone

Feb-04 16:36
  • Weakness for major equity benchmarks is providing a supportive tone for the US dollar, propelling the USD index towards the most recent recovery highs at 97.73. This dynamic has been weighing on the precious metals space, with spot gold briefly extending an impressive intraday pullback to trade below $4,900 after printing a $5,091 high overnight.
  • The softer risk sentiment is exacerbating declines for the likes of AUD and NZD, which underperform across the majors, while EURUSD and GBPUSD have also slipped to fresh session lows in recent trade.
  • EURUSD’s pull lower continues to point to a corrective phase playing out, however, today’s move back below 1.18 will keep the focus on 50-day EMA support as we approach tomorrow’s ECB meeting, at 1.1735. A clear breach of this 50-day average would suggest scope for a deeper retracement.
  • Decent volumes evident in the GBP selling through the London close, with particular pick-ups in selling interest on the break through earlier lows of 1.3678 and again at 1.3661. We noted earlier the rising political pressure on Starmer, which has supported odds of him leaving office before year-end.

FED: US TSY 17W BILL AUCTION: HIGH 3.595%(ALLOT 12.58%)

Feb-04 16:32
  • US TSY 17W BILL AUCTION: HIGH 3.595%(ALLOT 12.58%)
  • US TSY 17W BILL AUCTION: DEALERS TAKE 46.12% OF COMPETITIVES
  • US TSY 17W BILL AUCTION: DIRECTS TAKE 6.37% OF COMPETITIVES
  • US TSY 17W BILL AUCTION: INDIRECTS TAKE 47.52% OF COMPETITIVES
  • US TSY 17W BILL AUCTION: BID/CVR 2.97