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OI Points To Mix Of Long Setting & Short Cover In SONIA Futures On Thursday

STIR

Yesterday's uptick in SONIA futures and OI data points to a mix of net long setting and short cover through the blues, with the ECB decision and comments from Fed Chair Powell driving price action.

  • Local discussions remained centred on the fallout from the Budget, while the latest BoE DMP provided signs of sticky inflation.
07-Mar-2406-Mar-24Daily OI ChangeDaily OI Change In Packs
SFIZ3189,768189,752+16Whites+17,498
SFIH4191,053185,024+6,029Reds-8,081
SFIM4273,492262,611+10,881Greens+8,736
SFIU4210,243209,671+572Blues-717
SFIZ4308,919312,099-3,180
SFIH5185,955187,517-1,562
SFIM5148,592151,886-3,294
SFIU5121,969122,014-45
SFIZ5160,455156,922+3,533
SFIH6103,273100,362+2,911
SFIM665,96165,475+486
SFIU646,31444,508+1,806
SFIZ654,24754,311-64
SFIH738,19038,377-187
SFIM728,14628,064+82
SFIU720,55521,103-548
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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