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OI Points To Short Cover Across Most Of Futures Strip On Tuesday

EURIBOR

The combination of yesterday's move higher in Euribor futures and OI data points to net short cover providing the dominant positioning factor in all packs through the blues. Only some modest pockets of net long setting were seen.

06-Feb-2405-Feb-24Daily OI ChangeDaily OI Change In Packs
ERH4860,791858,036+2,755Whites-14,411
ERM4653,013652,442+571Reds-34,013
ERU4437,639446,666-9,027Greens-8,543
ERZ4425,682434,392-8,710Blues-1,746
ERH5376,264391,074-14,810
ERM5333,892345,146-11,254
ERU5254,193259,092-4,899
ERZ5298,613301,663-3,050
ERH6192,105192,769-664
ERM6121,309122,602-1,293
ERU6107,576109,008-1,432
ERZ695,937101,091-5,154
ERH774,05673,246+810
ERM755,77858,042-2,264
ERU747,46647,272+194
ERZ760,93861,424-486
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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