Friday, 12 July, 2019
on that Industrial production beating estimates.. not that surprising. the f/c that were changed recently 10th July expected that number to be around +0.9 those f/c’s were revised after the big beat from France on the 10th … anyone who hasnt revised based on France has kept the survey low But the trend has been sell first ask questions later. ——————————————————————————-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, 05 July, 2019
Differences Surface Over Any Fresh ECB Easing The European Central Bank is unlikely to make any major decisions on the option to renew its asset purchase programme before September, while divisions are opening up between this and other potential easing steps including forward guidance, the deepening of negative rates and any associated tiering of the deposit rate, Eurosystem sources have indicated to MNI. Several sources raised the prospect of the Governing Council once again amending […] Read More
Tuesday, 02 July, 2019
(BFW) BOE’s Brexit Policy Response Won’t Be Automatic, Carney Says *CARNEY: BOE TO REASSESS BREXIT, TRADE RISKS IN AUGUST *CARNEY: MARKET IS GIVING MORE WEIGHT TO NO-DEAL BREXIT *CARNEY: IT’S `UNSURPRISING’ THAT MARKET SEES LOWER BANK RATE *CARNEY: BOE SEES NEED FOR RATE HIKES IF BREXIT IS SMOOTH *CARNEY: IF MATERIAL TRADE SHOCK, WOULD NEED FISCAL STIMULUS *CARNEY: BOE WOULD USE FLEXIBILITY TO HELP U.K. WITH TRANSITION *CARNEY: BOE RESPONSE TO NO-DEAL BREXIT NOT AUTOMATIC […] Read More
Friday, 28 June, 2019
AUSSIE VS US 10YR we are unwinding our short XM vs TY at current levels.. trade recommendation from 73 bp to sell XM vs TY in to 65.75 now XM have under performed 4.25bp since 8am london picked up 65.5 vs 29+ and 30 in TY ——————————————————————————-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
Monday, 24 June, 2019
Ashley Joye (ARCHR LLP ) Subject: FW: ——- THE WEEKEND PRESS ——- : THE WEEKEND PRESS PRICE ACTION: last week the S&P +2.2%, Dow +2.4%, Nasdaq +3%, Russell 2k +1.8%. The Stoxx600 +1.7% over the past 5 days. The MSCI Asia Pacific index +2.6%, the EM benchmark +3.7% over the same period. EVERYTHING BUBBLE: Stocks rose to records, bonds surged, oil jumped almost 10% and even gold got into the act, as […] Read More
Wednesday, 26 June, 2019
MNI SOURCES:Italy Budget Deal Chances Rise As Eurozone Weakens By David Thomas BRUSSELS(MNI) – As concerns grow over a eurozone slowdown, European officials are increasingly hopeful of a deal to avoid placing Italy in the Excessive Deficit Procedure, despite misgivings among harder-line countries such as Germany and the Netherlands, according to sources close to the Commission and Eurogroup. One source confirmed to MNI that both the Commission and Council of Ministers are seeking a “fudge”. […] Read More
Friday, 21 June, 2019
(GO1) Fed St Louis: President Bullard Explains His Recent FOMC Dissent ——————————————————————————-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. Fed St Louis: President Bullard Explains His Recent FOMC Dissent2019-06-21 10:02:41.63 GMT www.stlouisfed.org/on-the-economy/2019/june/bullard-explains-recent-fomc-dissent PageExcerpt:The following is a statement by Federal Reserve Bank of St. Louis President Jim Bullard explaining his dissenting vote at the FOMC’s June 18-19, 2019, meeting: I dissented with the Federal Open Market Committee (FOMC) decision announced on June … Read More
Friday, 21 June, 2019
ER saw white longs cut and LARGE longs in Greens. ERU1 and ERZ1 saw huge jumps in OI (+20.5% and +26% respectfully) Sterling also saw large longs….main targets L Z0 (+21%) and L M1 (+17%) ED saw some big swings but highlight looks like EDU9 which has seen OI rise 157,063 (+11%) USTs are mixed with TY seeing a decent drop and FV seeing a decent rise EGB’s, whole different story…only UB saw an […] Read More
Tuesday, 18 June, 2019
*WHITE HOUSE EXPLORED LEGALITY OF DEMOTING FED CHAIRMAN POWELL ——————————————————————————-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, 13 June, 2019
Terry McCrann Now that he’s finally done it once, will Reserve Bank governor Philip Lowe get the taste for it and cut the RBA’s official interest rate a second time? The latest jobs and jobless numbers delivered an unambiguous answer: Yes. And then we’d be on to another round of “watch the banks”. Two other important things are, though, much, much less certain. When will he cut and whether he would contemplate a third cut […] Read More
