RATINGS: Friday’s Rating Slate

May-26 14:32

Potential sovereign rating reviews of note scheduled for after hours on Friday include:

  • Fitch on Lithuania (current rating: A; Outlook Stable) & Spain (current rating: A-; Outlook Stable)
  • Moody’s on the Czech Republic (current rating: Aa3; Outlook Negative) & Slovakia (current rating: A2; Outlook Negative)
  • DBRS Morningstar on Poland (current rating: A, Stable Trend)

Historical bullets

US EIA: CRUDE OIL STOCKS EX SPR -5.05M TO 460.9M APR 21 WK

Apr-26 14:30



  • US EIA: CRUDE OIL STOCKS EX SPR -5.05M TO 460.9M APR 21 WK
  • US EIA: DISTILLATE STOCKS -0.58M TO 111.5M IN APR 21 WK
  • US EIA: GASOLINE STOCKS -2.41M TO 221.1M IN APR 21 WK
  • US EIA: CUSHING STOCKS +0.32M TO 33.1M BARRELS IN APR 21 WK
  • US EIA: SPR -1.02M TO 366.9M BARRELS IN APR 21 WK
  • US EIA: REFINERY UTILIZATION WEEK CHANGE +0.3% TO 91.3% IN APR 21 WK

OPTIONS: Expiries for Apr27 NY cut 1000ET (Source DTCC)

Apr-26 14:24
  • EUR/USD: $1.0750(E1.1bln), $1.0830(E635mln), $1.0900(E723mln), $1.0975(E585mln), $1.1000(E779mln), $1.1040(E1.1bln), $1.1125-26(E650mln)
  • USD/JPY: Y135.00($1.2bln)
  • GBP/USD: $1.2390-10(Gbp743mln), $1.2425-39(Gbp633mln)
  • USD/CAD: C$1.3565-80($1.0bln)
  • USD/CNY: Cny6.9500-20($770mln)

US: McCarthy Gathers Support For Debt Limit Bill - Vote Expected Today

Apr-26 14:08

Capitol Hill reporters covering the House Republican caucus meeting called by House Speaker Kevin McCarthy (R-CA) to whip support for his Debt Limit package have indicated that McCarthy may have the requisite support to pass the bill in a House vote today.

  • Full analysis of the last-minute action on the bill and the vote calculus today see: US Daily Brief
  • According to Punchbowl's Jake Sherman, Rep Chip Roy (R-TX), a key Republican from the House Freedom Caucus who sits on the House Rules Committee, said "they shouldn’t have just 218 votes, but it should be a unanimous vote for this plan."
  • Politico's Olivia Beavers reports that a number of Freedom Caucus members have indicated that they are willing to change their votes to "yes" but moderate Rep Nancy Mace (R-SC) remains unconfirmed.
  • Politico's Meredith Lee Hill reports that McCarthy's amendment on biofuels appears to have moved all the Midwestern holdouts into the "yes" camp.
  • It appears likely that McCarthy will pass the package and although it will be rejected by the Democrat-led Senate, or vetoed by President Biden, it will mark the first significant step made by Republicans to force Democrat to open negotiations on govt spending.