COMMODITIES: WTI Recovery Holding, Clears Notable Resistance

Oct-24 08:41

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A sharp pullback in Gold this week appears corrective - for now. Note that the trend is overbought a...

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RBA: VIEW: TD Remove Call For Nov & Feb Cuts, Pay Nov RBA OIS

Sep-24 08:38

Sell-side names continue to adjust their RBA calls in a hawkish direction after the latest round of monthly CPI data. TD Securities note that “CPI is running hotter than the RBA would probably like and with activity holding up, this prompts a change of RBA call. We no longer forecast RBA cuts in November and February”. They will issue a full update of their view on Friday. They recommended paying November ‘25 RBA-dated OIS alongside this call change.

EURIBOR OPTIONS: Ratio Put Spread Strip

Sep-24 08:31

0RZ5 97.9375/97.75ps 1x2 with 2RZ5 97.75/97.625 ps 1x2, sold the strip at 2.25 in 2.5k.

EURIBOR OPTIONS: Call Spread Buyer

Sep-24 08:24

ERM6 98.25/98.37cs, bought for 2.25 in 10k.

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