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EURIBOR: Mix Of Net Short Setting and Net Long Cover and Dominated On Wednesday

EURIBOR

OI data points to a mix of net long cover and net short setting in Euribor futures on Wednesday.

  • The largest OI swing was once again seen in the Whites (+15k), but there was no clear positioning signal as futures settled little changed for the session.
  • EUR rates followed core EGBs lower into the close, as natural gas prices advanced amid supply issues and lower temperature forecasts in the region.

 

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OI data points to a mix of net long cover and net short setting in Euribor futures on Wednesday.

  • The largest OI swing was once again seen in the Whites (+15k), but there was no clear positioning signal as futures settled little changed for the session.
  • EUR rates followed core EGBs lower into the close, as natural gas prices advanced amid supply issues and lower temperature forecasts in the region.

 

Keep reading...Show less