INDIA: Bonds, Equities Fall as RBI Leave Stance Unchanged

Feb-07 09:24

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The RBI cut rates for the first time in almost five years, voting unanimously to cut the repo rate b...

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FOREX: FX OPTION EXPIRY

Jan-08 09:17

Of Note:

EURGBP 1.55bn at 0.8300.

USDJPY 1.7bn at 157.50.

EURUSD 1.06bn at 1.0300 (thu).

EURUSD 4.75bn at 1.0300/1.0350 (fri).

USDCAD 1bn at 1.4325/1.4330 (fri).

EURUSD 3.96bn at 1.0300/1.0310 (mon).

USDCNY 1.34bn at 7.3350 (tue).

  • EURUSD: 1.0300 (235mln), 1.0350 (604mln), 1.0375 (215mln), 1.0385 (450mln).
  • EURGBP: 0.8300 (1.55bn).
  • USDJPY: 157.50 (1.7bn), 157.65 (297mln), 158.00 (375mln).
  • USDCAD: 1.4350 (750mln).
  • AUDUSD: 0.6220 (283mln).
  • NZDUSD: 0.5625 (280mln).
  • EURNOK: 11.7000 (304mln).

GILTS: Downside put spread in Gilt

Jan-08 09:09

G H5 88.00/86.00ps, bought for 18 in 5.5k.

BONDS: Fresh Multi-Month Highs For Crude Not Having Much Impact

Jan-08 09:00

Little feedthrough for bonds as both Brent and WTI crude oil futures hit the highest level seen since mid-October.

  • Out commodities team have highlighted yesterday’ s API inventory data as a key driver of the move.
  • Elsewhere, signs that sanctions are tightening supplies, with a reduction in consumption of Iranian and Russian crude, as well as reports of Ukraine hitting a Russian oil depot that supplies a military airfield, provide further support for crude.