Friday, 23 August, 2019
long 25,000 175 P long 25,000 174.50 P long 12,500 174 P short 25,000 176 C short 25,000 176.50 C short 12,500 177 C with the futures edging lower we are nearing the area i’d expect to see this liquidated… we have previously seen this account buy back their calls first and then move to sell their P which usually swings vol around presenting opportunity. they have also liquidated their position entirely before also. mkt […] Read More
Friday, 23 August, 2019
want a bit of each way on Jackson hole? 130.25 c is 5/6 (64s) 129.p is 2/4 (64s) or RX 177.5 p is 13/14 178c is 7/9 (these expire after Powell but tight 4.15 with a 30 min exercise window, so 4.45 in practice) ——————————————————————————-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
Friday, 23 August, 2019
(NYT) As Trump Calls for Cuts, Powell Stresses Limits of Fed Policy ——————————————————————————-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. As Trump Calls for Cuts, Powell Stresses Limits of Fed Policy2019-08-23 14:00:44.731 GMT By Jeanna Smialek (New York Times) — Federal Reserve Chair Jerome H. Powell on Friday keptfuture interest rate cuts squarely on the table while stressing that thecentral bank’s powers to right the economy are limited by President Trump’strade policies, which continue to pose risks to the economic outlook. “While […] Read More
Monday, 19 August, 2019
(DPA) Eurozone inflation falls to 1 per cent in July, well below target ——————————————————————————-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. Eurozone inflation falls to 1 per cent in July, well below target2019-08-19 09:02:17.710 GMT Eurozone inflation falls to 1 per cent in July, well below target Luxembourg (DPA) — The annual rate of inflation across theeurozone fell to 1 per cent in July, according to a revisedestimate released by the European Union's statistics agencyEurostat on Monday.This takes year-on-year inflation down 0.3 […] Read More
Wednesday, 14 August, 2019
(BN) RBA Has Already Taken First Step on Path to QE, Deutsche Argues ——————————————————————————-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. RBA Has Already Taken First Step on Path to QE, Deutsche Argues2019-08-14 06:22:36.204 GMT By Michael Heath (Bloomberg) — Australia could already be on a path towardunconventional policy, Deutsche Bank AG said, noting the ReserveBank’s expectation that interest rates will be low for some timeis similar to language used by the Federal Reserve and EuropeanCentral Bank before ultimately turning to QE. […] Read More
Wednesday, 14 August, 2019
(BN) RBA Has Already Taken First Step on Path to QE, Deutsche Argues ——————————————————————————-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. RBA Has Already Taken First Step on Path to QE, Deutsche Argues2019-08-14 06:22:36.205 GMT By Michael Heath (Bloomberg) — Australia could already be on a path towardunconventional policy, Deutsche Bank AG said, noting the ReserveBank’s expectation that interest rates will be low for some timeis similar to language used by the Federal Reserve and EuropeanCentral Bank before ultimately turning to QE. […] Read More
Tuesday, 13 August, 2019
Global Times Open Ed “Hong Kong is not and shall not be the frontline of US and China” – talking about Western influence in unrest, calling colour revolutions a new form of warfare. Cites accusations that the US and its allies have engineered revolutions to destabilise governments and replace regimes. The article goes on to criticise failed uprising citing Arab Spings, Libya. Ends the piece with “Hong Kong is Chinese territory. This means that the […] Read More
Thursday, 01 August, 2019
MNI SOURCES: ECB Readies Tiered Rate Cut, Unsure About QE –ECB Set For Deposit Rate Cut In September –Looking At Swiss National Bank’s Tiering System –No Consensus On Fresh QE 16:39:47 ALAN TAYLOR : MNI SOURCES: ECB Readies Tiered Rate Cut, Unsure About QE –ECB Set For Deposit Rate Cut In September –Looking At Swiss National Bank’s Tiering System –No Consensus On Fresh QE LONDON (MNI) – The European Central Bank is readying a tiered […] Read More
Friday, 02 August, 2019
OVERNIGHT melt down saw BUND vol explode in early trade. SEP BUND flew 13 tics higher, pricing 4.1% Imp Vol versus yesterday’s low print of 3.3%. Panic calls were bought as Futures printed fresh contract highs and the combo flow loomed short 50,000 calls. Low & behold as Europe was in full swing, “El Combo” came wading in covering 20,000 of their RXU9 174c & 11,000 of their RXU9 174.50c rolling into 25,000 of the […] Read More
Thursday, 01 August, 2019
US ::: RM accounts getting into steepeners off current levels have a look at 2/30 currently 67 *FAV* we also bght 5/30 nudging 70 2/10 bounced off 10 already ——————————————————————————-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