EMISSIONS: EUAs Volatility Rises On EU Gas Uncertainty
Mar-28 14:21
EUA Dec25 implied volatility has hit the highest since 10 Jan this week as futures contracts are tracking a nearly 4% weekly losses amid EU gas decline.
- EUA Dec25 implied volatility reached 32% this week compared to a low of 29.9% when EUAs hit a three-month low in early March.
- The ICE EUA Dec25 25 delta call-put volatility skew widened to -2.83% this week, the highest level since 11 March.
- TTF front month is tracking an nearly 5% losses this week, with geopolitical risks remain in focus after the news of a partial Russia-Ukraine ceasefire this week, although any adherence to it is uncertain.
- EUA DEC 25 up 0.31% at 68.75 EUR/t CO2e
- TTF Gas APR 25 down 1.5% at 40.6 EUR/MWh
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
BONDS: TY Respects Highs, WN Block Limits Pullback
Feb-26 14:02
Bulls were unable to test overnight & Tuesday highs in TY futures, which seems to have limited the recovery in Tsys and rally in wider core global FI markets from extending further at this stage.
- Meanwhile, the previously identified block buy in WN futures has prevented the pullback from extending.
EURIBOR OPTIONS: ERM5 97.875/98.00/98.0625/98.1875 Call Condor Given
Feb-26 13:59
ERM5 97.875/98.00/98.0625/98.1875 call condor 4K given at 4.
US TSY FUTURES: BLOCK: March'25 30Y Ultra-Bond Buy
Feb-26 13:59
- +2,000 WNH5 123-27, post time offer at 0847:28ET, DV01 $391,000. The 30Y ultra contract trades 123-25 last
