Trial now
GILTS

Yield curve shifts higher with 5s30s flattening

EUROZONE ISSUANCE

Austria lowers 2021 funding target

SILVER TECHS

Trading Near Recent Highs

CROSS ASSET

Early Trade Sees EUR/USD Edge Lower

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

+25,000 EDZ4 (Blue Dec'24) 98.535 last few minutes, has the future leading volume across the strip at just over 117k (adds to Wed's +40,000 EDZ4 from 98.61 to .615).
  • Likely unwinding short leg of over 50,000 Green/Blue Dec spds bought/blocked on June 22 at .435 (smaller around .385 this week).
  • Additional EDZ'4 associated spds include EDZ2/EDZ4 bought in good size at 1.185 around the June FOMC -- a recommendation by Morgan Stanley trading desks say, that collapsed to around 1.050 (an re-recommended as a buy).