COLOMBIA: Interior Minister Cristo Proposes That Cabinet Resigns

Feb-05 13:37
  • "*COLOMBIA'S INTERIOR MINISTER PROPOSES CABINET RESIGN EN MASSE" - BBG
  • Interior Minister Cristo posted on X :
    • "This Council of Ministers was not the setting for repeating the management report that had been made at the beginning of the year, nor was it a convenient decision to broadcast it on television. The President's laudable purpose of making government decisions public must have limits both due to the use of the spectrum and the necessary confidentiality of internal government matters and even national security."
    • "I propose to the ministers, as I did unsuccessfully two weeks ago, that we resign today to leave the President free to make the changes he considers necessary to take on the challenges of the final stretch of government. It is clear that as head of state he is not satisfied with the results and neither is a significant sector of national opinion."

Historical bullets

STIR: BLOCK: Sep'25 SOFR Ratio Call Skew Package

Jan-06 13:32
  • 5,000 SFRU5 95.62/95.81 put spds 7.0 vs. 10,000 96.75/97.12 call spds, 4.5, 2.0 net package at 0823:06ET

US: MNI POLITICAL RISK - Mega Bill To Cover Bulk Of Trump Agenda

Jan-06 13:32
  • Vice President Kamala Harris will gavel in a joint session of Congress at 13:00 ET 18:00 GMT to count Electoral College votes affirming President-elect Donald Trump’s presidential election victory. The count is expected to take around an hour and pass without incident.
  • House Speaker Mike Johnson (R-LA) secured re-election on Friday, following an intervention from Trump, who spoke with two Republican lawmakers who appeared set to block Johnson's bid on the first ballot.
  • Trump confirmed on social media that he intends to pursue a single mega-bill to cover the bulk of his legislative agenda, a break from the two-step plan outlined by incoming Senate Majority Leader John Thune (R-SD). The bill, which would cover border security, energy, and tax reform, could be one of the biggest pieces of legislation in American history.
  • Trump's aides are reportedly exploring plans to water down a Trump campaign proposal to apply a universal baseline tariff on all US imports.
  • Nippon Steel has filed a lawsuit against the Biden administration for blocking a proposed acquisition of US Steel.
  • Biden will indefinitely block offshore oil and gas development in roughly 625 million acres of coastal waters.
  • Biden signed into law the Social Security Fairness Act at his first public bill signing ceremony for more than two years.
  • Chart of the Day: Trump is facing historical headwinds if he is to reduce the US trade deficit with China. 

Full article: US Daily Brief

EUR: FX Exchange traded Option

Jan-06 13:25

FX Exchange traded Option, very short term play, Weekly Tuesday expiry.

Covers Tomorrow's French, Italy, EU prelim CPIs, US JOLTS, ISM services.

  • EURUSD 1.0525c, sold at 0.00045 in 1k.