COMMODITIES: WTI Futures Bull Cycle Remains Intact

May-14 09:00

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The primary bull cycle in WTI futures is unchanged, it remains intact. However, the pullback since A...

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EQUITY OPTIONS: EU Bank Ratio Call Fly

Apr-14 08:49

SX7E (15th May) 260/270/280c fly 1x3x2, bought 1.8 in 3k.

CHINA: FinMin to Meet to Discuss Ultra-Long Special Bond Issuance Thursday

Apr-14 08:48

"CHINA FINANCE MINISTRY TO MEET UNDERWRITERS ON THURSDAY TO DISCUSS ULTRA-LONG SPECIAL TREASURY BOND ISSUANCE — SOURCES" - Reuters

  • Few more details on the earlier China special Treasury bond issuance headline - but the Reuters sources note that the Finance Ministry are set to meet with underwriters on Thursday (same session we also see March retail sales / IP and Q1 GDP).
  • The meeting agenda is reportedly set to cover this year's issuance plans including the issuance of ultra-long special treasury bonds as well as their usual government bond plans.

BOE: Mann due to speak at 9:50BST

Apr-14 08:46
  • Just a reminder that Catherine Mann is due to have a fireside chat beginning at 9:50BST at the Aon Insights Series event.
  • We think she is the most likely MPC member to vote for a hike at present - both due to her comments in her individual paragraph in the March MPC Minutes, and also due to her activist nature.
  • There will be no text released and there is also no virtual stream, but we will be looking out for headlines and our policy team is in attendance.