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SHORT-STERLING OPTIONS

More Sterling downside

US TSY OPTIONS

Midmorning Vol Sale

US EURODLR OPTIONS

BLOCK, Call Spd Sale

US EURODLR OPTIONS

Mixed Wing Trade

EQUITIES

Consolidate some of the post Fed sell off

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  • Having slipped sharply on Thursday, WTI and Brent crude futures regathered some poise ahead of the Friday close, finishing with gains of over 2% apiece.
  • Markets suffered Thursday on the reopening of the gas-carrying Colonial Pipeline, which eased the supply scramble that'd unnerved many Southern States mid-week. Luckily for bulls, markets re-coupled with equities into the Friday close, bouncing well ahead of key support at the $62.61 50-dma.
  • Meanwhile, Gold staged a USD-inspired recovery, with the softer greenback putting the yellow metal on course for a strong weekly close. Bulls now need to take out resistance layered between the week's high at $1845.5 and the 200-dma at 1846.9. A break through here opens levels not seen since February.