Wednesday, 13 January, 2021
Retail Speculation Extremes just to get a little light hearted Last week ranked among the most active trading weeks of all time. a proxy for NYSE margin-account data used by JP Morgan indicates a potentially strong pickup in December versus previous months. 6 of the top 10 most active stocks yesterday were priced under $1 and combined for 2.6 billion shares or 18% of the entire stock market. Trading volumes on the broker-operated venues (favoured […] Read More
Tuesday, 12 January, 2021
{GB} BOE’s Bailey BoE Gov. Bailey: BoE is not supporting the government to borrow or engaging in monetary financing. BoE Gov. Bailey: Government does benefit from BoE actions to keep borrowing rates down. BoE Gov. Bailey: Probably no longer the case that official unemployment will peak at 7-8% as forecast in November due to extended furlough scheme. BoE Gov. Bailey: True unemployment likely higher than the official estimate, probably around 6.5%. BoE Gov. Bailey: We […] Read More
Tuesday, 12 January, 2021
NATWEST CTA trend follower * The US Dollar model signal stays put at max bearish level. Speculative net short positioning (as % of OI) is at more than a decade record * Model signals for all currencies we track continue to be max bullish against the USD, with only signal for GBPUSD FX turning marginally lower * CTAs are net short AUD and MXN FX despite max bullish price action. Positioning for both these currencies […] Read More
Friday, 08 January, 2021
Biden push for new stimulus checks runs into roadblock from key Democratic senator President-elect aims to move quickly on stimulus plan as economy sheds jobs, but already faces divisions within party President-elect Joe Biden speaks during an event at The Queen theater in Wilmington, Del., Thursday, Jan. 7, 2021, to announce key nominees for the Justice Department. (AP Photo/Susan Walsh) By Jeff Stein, Erica Werner and Mike DeBonis Jan. 8, 2021 at 5:26 p.m. GMT […] Read More
Thursday, 07 January, 2021
we lifted YM in a clip 10,000 to 81 ,, mkt bid over in 10k ——————————————————————————-This message may contain confidential or privileged information. If you are notthe intended recipient, please advise us immediately and delete this message.The unauthorised use, disclosure, distribution and/or copying of this e-mail orany information it contains is prohibited.This information is not, and should not be construed as, a recommendation,solicitation or offer to buy or sell any securities or related financialproducts. This information does not constitute investment advice, does notconstitute a personal recommendation and has been prepared without regard tothe individual financial circumstances, needs or objectives of persons whoreceive it. Read More
Thursday, 07 January, 2021
Decent XM volumes again so far today with dealers continuing to report good RM demand which has XMTY back to the bottom of the 5-10 range we have been bouncing around. Late in London yesterday there looked like some interest to receive 5y5y was starting to develop with 2x clips of 130mm+ printing (recouped to 1.75) which has kept EFPs offered in Sydney (along with suspected CTA selling). We are coming up to very big […] Read More
Tuesday, 05 January, 2021
Ashley Joye (ARCHR LLP ) Subject: TIME: Where Is Alibaba Founder Jack Ma? What the Saga of One of the World’s Richest Men Reveals About China Under Xi Jinping Where Is Alibaba Founder Jack Ma? What the Saga of One of the World’s Richest Men Reveals About China Under Xi JinpingThe Alibaba founder, who is personally worth $48.2 billion, has now not been seen in public for at least two months. Read in TIME: https://apple.news/An-OeKVetQ1SLkLTaUcBorA […] Read More
Tuesday, 05 January, 2021
Georgia Elections: Weaker Dollar And Tsys In Dem Sweep Sell-side analyst consensus appears to be for the Republicans to win at least one of the two special Georgia Senate elections, which are being held today. * A Democratic sweep of both seats and thus control of the White House and Congress is seen as the ‘risk scenario’ (despite now being a roughly 50/50 proposition per betting markets) and thus not viewed as […] Read More
Monday, 04 January, 2021
* German Manf PMI 58.3 (est 58.6) “This increased supply-side pressure was reflected in a sharp acceleration in the rate of input cost inflation faced by German manufacturers to the highest for just over two years. Metals were often reported as up price, as were chemicals and plastics. Average factory gates also rose at a faster rate in December, increasing to the greatest extent since March 2019. “ * French Manf PMI 51.1 (in line). […] Read More
Tuesday, 15 December, 2020
{US} {US} we have started buying these and worth having a look at “if” we end up with a blue sweep we are thinking nothing is priced for the FED to pull fwd a rate hike… edh3 is too high here…. unfashionable as it has become to even contemplate higher rates, a blue sweep could make ED look very rich.. the run offs 5th Jan.. . . . . . and puts are redic cheap […] Read More
