ASIA RATES: US Cash opening calls

Feb-27 14:26

It could be a somewhat volatile start for US Cash Equities, looking at the Emini (ESH5) it is close to reversing the Trump Tariffs confirmation date sell off, needs a test back to 6007.00.

  • Calls: SPX: 5,983.4 (+0.5%); DJIA: 43,431 (-0.0%/-2pts); NDX: 21,298.2 (+0.8%).

Historical bullets

EQUITIES: US Cash opening calls

Jan-28 14:23

US Equity futures have ran out of steam in the last few hour, the NQH5 has managed to bounce 3.18%, and the Emini 2.1% from Yesterday's low to their printed high today.

Looking at Cash Indices, SPX should see a small upside gap, but the NDX should be quite short of Yesterday's best level.

  • Calls: SPX: 6,029.0 (+0.3%); DJIA: 44,750 (+0.1%/+36pts); NDX: 21,174.6 (+0.2%).

SONIA: Ratio call ladder

Jan-28 14:20

SFIG5 95.65/95.70/95.75c ladder 2x1x1, bought for 2.5 in 5k.

BUNDS: Making an attempt at the opening gap

Jan-28 14:15
  • Bund is making another attempt at closing the opening gap, would need a test down to 131.33 initially, although better support is still eyed at 131.00.
  • Tnotes, BTP and OAT are still holding but let's see how the price action develops in the German 10yr Bond.