FRANCE AUCTION RESULTS: MT OATs

Feb-16 10:02
Coupon 2.50% 0.75% 2.50%
Maturity Sep-26 Feb-28 May-30
Instrument OAT OAT OAT
ISIN FR001400FYQ4 FR001400AIN5 FR0011883966
Amount E4.625bln E4.256bln E2.545bln
Previous E3.755bln E2.894bln
Avg yield 2.82% 2.76% 2.73%
Previous 2.32% 1.12%
Bid-to-cover 2.30x 2.17x 2.32x
Previous 2.28x 2.12x
Avg Price 98.90 90.72 98.47
Low Price 98.86 90.68 98.42
Pre-auction mid 98.833 90.581 98.322
Prev avg price 92.550 110.650
Prev low price 92.530 110.630
Prev mid-price 92.414 110.546
Previous date 19-Jan-23 21-Apr-22

Historical bullets

GILT AUCTION RESULTS: New 3.50% Oct-25 Gilt

Jan-17 10:02
3.50% Oct-25 Gilt* Previous 0.25% Jan-25 Gilt
Amount GBP4.00bln GBP3.25bln
Avg yield 3.634% 3.827%
Bid-to-cover 2.23x 2.11x
Tail 0.9bp 1.5bp
Avg price 99.656 92.838
Low price 99.633 92.810
Pre-auction mid 92.789
Previous date 20-Dec-22

EQUITIES: Eurostoxx Futures Bullish Conditions Intact as Contract Trades to Fresh Cycle High

Jan-17 09:52

EUROSTOXX 50 futures bullish conditions remain intact and the contract traded to a fresh trend high Monday. Futures have recently cleared resistance at 4043.00, the Dec 13 high and a bull trigger. The break represents a key short-term positive development and paves the way for gains towards 4215.00 next, a Fibonacci projection. MA studies are in a bull-mode condition, reinforcing the bull theme. Initial firm support is at 3998.70. S&P E-Minis traded higher last week. The contract has cleared resistance at the 50-day EMA and this has strengthened the short-term bullish condition. Price has also traded above the 4000.00 handle to open 4043.00 next, the Dec 15 high. Key support and the bear trigger has been defined at 3788.50, the Dec 22 low. A reversal lower and a break of this support would resume bearish activity.



  • Japan's NIKKEI closed higher by 316.36 pts or +1.23% at 26138.68 and the TOPIX ended 16.58 pts higher or +0.88% at 1902.89.
  • Elsewhere, in China the SHANGHAI closed lower by 3.347 pts or -0.1% at 3224.245 and the HANG SENG ended 169.08 pts lower or -0.78% at 21577.64.
  • Across Europe, Germany's DAX trades lower by 42.78 pts or -0.28% at 15091.59, FTSE 100 lower by 13.27 pts or -0.17% at 7846.84, CAC 40 down 12.81 pts or -0.18% at 7029.88 and Euro Stoxx 50 down 11.66 pts or -0.28% at 4145.27.
  • Dow Jones mini down 95 pts or -0.28% at 34321, S&P 500 mini down 15.5 pts or -0.39% at 4002.5, NASDAQ mini down 62.5 pts or -0.54% at 11545.

EUR: EURCHF test session low, down 0.37%

Jan-17 09:51
  • CHF is now the best performer against the EUR, taking over the NZD.
  • The currency is up 0.37%, and small support in EURCHF is seen at 0.99856, followed by 0.99744.