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
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
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
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
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
Thursday, 01 August, 2019
TY going to be tough yards now through these levels with payrolls to come If you bght off the 50 DMA this morning, here is the exit door you are looking for have had a couple of looks through this level previously on these moves but we are getting right into the zone of hard work 23/27+ we will retain the 128c for tomorrow just in case {97} ——————————————————————————-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, 01 August, 2019
white rabbits ——————————————————————————-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
Wednesday, 31 July, 2019
“MR Powell, There is a Mr Trump on the phone for you….” ——————————————————————————-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
Tuesday, 30 July, 2019
we going to be picking up some TY upside or long some TY vs RX on this move, could be a feeding frenzy post FED with the TY the only non performer over the last 10 sessions. we starting to look at TY/RX again here, towards 250bp, a “hawkish fed” nearly priced on that spread, and with global bond mkts outside of TY having the big rally, a defensive fed could see a feeding frenzy […] Read More
Tuesday, 30 July, 2019
A very Livermore type assessment of price action here but with TY ticking bid AUD focused traders seem reticent to be buying YM at these levels with volumes diverging between the two contracts and curve flattening moves likely exaggerated if more TY strength is to follow. And why not with the markets pricing of OIS strip looking exhausted without the aid of a ghastly CPI print tomorrow. 51bps by May20 is as good a psychological […] Read More
