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Futures Firmer In Asia, Cash Closed Today

US TSYS

TYZ3 deals at 107-07+, +0-12+, a 0-20 range has been observed on volume of ~153k.

  • Cash tsys are closed today due to the observance of the Columbus Day holiday.
  • Futures firmed in early trade as local participants digested the Hamas/Israel conflict which began over the week. The bid in TY was seen alongside the USD firming, and Oil rising ~5 before paring gains. WTI now sits a touch above the $86/barrel handle, up ~4%.
  • TYZ3 was unable to sustain its rally above resistance at 107-14 (Oct 3 high), gains were pared and ranges were narrow with little follow through on moves for the remainder of the session.
  • Flow wise, the highlight was block buyers in FV (2.7k and 2.2k lots).
  • The data docket is empty today, Fedpseak from Dallas Fed President Logan and VC Barr is due.

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