Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
GBP: Extends gains
Feb-08 09:58
- The British Pound remains on the front foot so far today, albeit within yesterday's range.
- GBP test another session high versus that USD, EUR, and JPY.
- The Pound lead against the EUR in G10s, up 0.44%.
- Cable sees yesterday's high at 1.3557, but most will look at the February high 1.3628 as the initial, notable resistance.
- Also recall that there is 1.12bn at 1.3560 worth of option expiry for today.
EQUITIES: China Stocks Reportedly Underpinned By State Buying
Feb-08 09:57
- Asian markets closed mostly higher (note BBG reported after the close that Chinese state-backed funds bought equities Tuesday to pare intraday losses): Japan's NIKKEI closed up 35.65 pts or +0.13% at 27284.52 and the TOPIX ended 8.07 pts higher or +0.42% at 1934.06. China's SHANGHAI closed up 23.048 pts or +0.67% at 3452.629 and the HANG SENG ended 250.06 pts lower or -1.02% at 24329.49
- European equities are higher, with the German Dax up 110.98 pts or +0.73% at 15308.85, FTSE 100 up 52.82 pts or +0.7% at 7625.28, CAC 40 up 66.82 pts or +0.95% at 7077.21 and Euro Stoxx 50 up 30.42 pts or +0.74% at 4147.62.
- U.S. futures are advancing, with the Dow Jones mini up 129 pts or +0.37% at 35098, S&P 500 mini up 14.5 pts or +0.32% at 4490.25, NASDAQ mini up 36.5 pts or +0.25% at 14595.5.
GILT SYNDICATION: 1.125% Oct-73: Final terms
Feb-08 09:56
- Deal Size set at: GBP4.25bln (MNI had looked for GBP4.00-4.25bln)
- Spread set earlier at 1.625% Oct-71 gilt -3.0bps (guidance had been -3.0/-2.5 bps)
- Orderbook closed in excess of
GB40bln (including JLM interest of GBP4bn)
- Allocations to follow
- Maturity : 22 October
2073
- Coupon : 1.125% SA,
ACT/ACT (Short first to 22-Apr-2022)
- ISIN : GB00BLBDX619
- Joint Leads : BNP
Paribas, Deutsche Bank, Goldman Sachs International Bank
(B&D/DM),
J.P. Morgan, Morgan Stanley
From market source