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OI Points To Mix Of Short Setting & Long Cover In Futures Ahead Of The Weekend

EURIBOR

The combination o Friday's weakness in Euribor futures and OI data points to net short setting as the dominant positioning factor in the whites ahead of the weekend, albeit with pockets of apparent net long cover also seen.

  • The reds and greens also saw modest rounds of net short setting in net pack terms, with pockets of long cover also seen there.
  • The blues seemed to see net long cover across all contracts.
16-Feb-2415-Feb-24Daily OI ChangeDaily OI Change In Packs
ERH4867,960862,117+5,843Whites+6,390
ERM4653,074647,280+5,794Reds+867
ERU4399,657403,860-4,203Greens+1,540
ERZ4425,850426,894-1,044Blues-4,828
ERH5377,294372,973+4,321
ERM5316,579318,516-1,937
ERU5256,855255,927+928
ERZ5297,703300,148-2,445
ERH6186,968188,446-1,478
ERM6126,189123,588+2,601
ERU6107,111107,300-189
ERZ6103,182102,576+606
ERH773,38775,810-2,423
ERM751,63452,520-886
ERU746,74147,409-668
ERZ762,04362,894-851
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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