Tuesday, 02 April, 2019
AUS rates – Bit of additional debate over RBA related semantics today with the spotlight on the inclusion of “The Board will continue to monitor developments and set monetary policy to support sustainable growth in the economy and achieve the inflation target over time.”. This all feels like splitting hairs to me with the line of least resistance and weight of demand favouring longs still in the front end. We have the budget to come […] Read More
Thursday, 07 March, 2019
101) EU Is Said to Make New Offer to U.K. on Brexit Backstop BN 17:37 102) *EU’S BREXIT OFFER IS SAID TO FALL SHORT OF WHAT U.K. DEMANDED BN 17:36 103) *EU IS SAID TO AWAIT U.K. RESPONSE ON NEW BREXIT OFFER BN 17:36 03/07/2019 17:37:43[BN] The two sides are trying to find a way to make the so-called Irish backstop more acceptable. The EU’s proposals focus on the bolstering the […] Read More
Wednesday, 06 March, 2019
The US Federal Reserve has announced that it will conduct a root and branch review of its monetary policy framework in the next 18 months. The results could be of first order importance for financial markets, especially the bond market. Richard Clarida, the Fed’s vice-chairman said last month that the motivation was not any great dissatisfaction with the present policy. Both of the twin objectives — maximum employment and stable prices — were close to target. […] Read More
Friday, 18 January, 2019
Reuben Sim T +44 (0) 20 7422 2988 E reuben.sim@archr.com 49 Carnaby Street, London, W1F 9PY United Kingdom ARCHR.COM Archr LLP is Authorised and regulated by the Financial Conduct Authority (FCA reference 617163). Archr LLP is not covered by the Financial Services Compensation Scheme (FSCS). Archr is registered in England and Wales No. OC371018. Registered office 115B Drysdale Street, Hoxton, London, United Kingdom, N1 6ND This message may contain […] Read More
Tuesday, 25 September, 2018
News: Some macro fund outliers, including Tudor, Brevan Howard and Element, dodged the bloodiest August in five years, where almost 65% of funds lost money, according to Eurekahedge. It’s the second-worst August since the data provider started tracking it nearly two decades ago. Managers, and macro traders in particular, find it hard to make money in August due to thin trading volumes, political surprises and people on their summer breaks […] Read More
Wednesday, 26 September, 2018
EUREX VOL THOUGHT: Recent ECB comment continued to weigh on the underlying. This in turn saw Imp Vol spike again. Nov bund has rallied 0.45% post Thursdays ECB meeting with Nov bobl just the +0.17% higher. This was highlighted in yesterday’s trade where ppr actively bought the OEX8 130.50^ at 59 & 57 (following on from Mondays trade where the ^ was paid 55-55.5 in 3k) . NOV BUND also saw straddle buyers throughout […] Read More
Wednesday, 26 September, 2018
Barclays: ‘We believe the message will remain the same, ie, the economy is doing very well and gradually raising short rates is the best way to sustain the expansion. We believe the updated SEP is likely to show a similar economic backdrop of above-trend growth with only modest changes to the projections. The median “dots” are likely to remain unchanged, with a risk of a move higher in the dots for 2019/20. Still, the […] Read More
Friday, 21 September, 2018
YMs – there was big buyer of 97.80p a few weeks back (around 40k which is big for aussie), with those buyers more than happy to pick up plenty of futures on the dip to low 80s. We were also involved from 83 to 81, with 97.82 a big lvl technically (see chart) and mkt never closed below the upward trendline from April. With market keen to sell rallies in the US, Resistance comes into […] Read More
Monday, 17 September, 2018
Hedge fund assets increase 18.4% to $1.338 trillion Hedge funds with an institutional orientation produced exceptionally strong net asset growth of 18.4% in the year ended June 30. Aggregate assets managed worldwide in single and multistrategy hedge funds by the 113 firms in Pensions & Investments‘ universe totaled $1.338 trillion as of June 30. By comparison, net aggregate asset growth was 3.1% as of the same date a year earlier and 5.3% in the year […] Read More
Friday, 14 September, 2018
Carney Is Said to Warn Rates May Rise in No-Deal Brexit Meltdown 2018-09-14 07:52:22.614 GMT By David Goodman and Robert Hutton (Bloomberg) — Mark Carney gave a stark warning of the dangers of a no-deal Brexit that could see mortgage rates raised even as economic output and house prices tumble. The Bank of England governor joined the U.K. cabinet, chaired by Prime Minister Theresa May, to share worst-case economic scenarios used by the central bank, […] Read More
