US: Biden-USD800mn Military Equipment, USD500mn Aid To Ukraine; RUS Ships Banned

Apr-21 14:15

President Joe Biden speaking at the White House: "Today, I'm announcing another $800 million to further augment Ukraine's ability to fight in the east, in the Donbas region. This package includes heavy artillery weapons, dozens of howitzers and 144,000 rounds of ammunition. It also includes more tactical drones."

  • “We are in a critical window now of time when they’re going to set the stage for the next phase of war.”
  • "The United States alone has provided ten anti-armor systems for every one Russian tank that's in Ukraine."
  • "Today, the US is announcing we intend to provide 500 million dollars in direct economic assistance to the Ukrainian government.. bringing the total given to 1.2 billion dollars"
  • "However, with this latest disbursement, I've almost exhausted the drawdown authority I have that Congress authorised for Ukraine and a bipartisan spending bill last month in order to sustain Ukraine for the duration of this fight. Next week, I'm going to be happy to be sending to Congress a supplemental budget request to keep weapons and ammunition flowing without interruption. "
  • Says that Russian ships will be banned from US ports in line with other Western nations, "to further deny Russia the benefits of the international economic system. That means no ship, no ship, that sails under the Russian flag, or that is owned or operated by Russian interests, will be allowed to dock in the United States port or access our shores. None."

Historical bullets

BOBL: Block trade

Mar-22 13:54

Bobl block, swap related.

  • OEM2 ~2k at 129.80

EQUITIES: Emini is through the March high

Mar-22 13:49
  • ESM2 is now clear through the March high.
  • Next resistance for the contract is at the 11th February high 4514.00
  • Estoxx (VGM2) next resistance is at 3875.20 50-day EMA

US EURODLR OPTIONS: Jun/Dec Bear Flattener

Mar-22 13:35
  • Scale buyer +20,000 Jun 98.62 puts 10.5-12.0 over Dec 97.87/98.12 put spds