February 17, 2025 14:54 GMT
EURIBOR: Mix Of Net Short Setting And Net Long Cover Seen On Friday
EURIBOR
OI data points to a mix of net short setting and net long cover in Euribor futures on Friday. Futures settled -0.5 to -3.0 ticks through the blues, partially due to prospects of a less-onerous-than-expected US reciprocal tariff regime (announced late Thursday).
- The largest net pack OI swing was seen in the reds (-14.3k), driven by ~18.5k of net long cover in the H6 contract.
- Meanwhile, there was 20.2k of indicative net long cover seen in the M5 contract.
14/02/2025 | 13/02/2025 | Daily OI Change | Daily OI Change In Packs | ||
ERH5 | 576,160 | 567,935 | +8,225 | Whites | -7,782 |
ERM5 | 712,236 | 732,470 | -20,234 | Reds | -14,349 |
ERU5 | 560,303 | 554,445 | +5,858 | Greens | -2,948 |
ERZ5 | 622,006 | 623,637 | -1,631 | Blues | +3,916 |
ERH6 | 408,117 | 426,620 | -18,503 | ||
ERM6 | 342,190 | 340,644 | +1,546 | ||
ERU6 | 264,633 | 266,324 | -1,691 | ||
ERZ6 | 330,859 | 326,560 | +4,299 | ||
ERH7 | 168,388 | 169,662 | -1,274 | ||
ERM7 | 133,844 | 132,031 | +1,813 | ||
ERU7 | 95,832 | 95,731 | +101 | ||
ERZ7 | 117,781 | 121,369 | -3,588 | ||
ERH8 | 59,824 | 59,421 | +403 | ||
ERM8 | 46,633 | 45,587 | +1,046 | ||
ERU8 | 33,805 | 32,037 | +1,768 | ||
ERZ8 | 46,132 | 45,433 | +699 |
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