Friday 19 July 2013

19/07/2013

19/07/2013
 
 
Nikkei dropped over 2% in the wee small hours. I think its profit taking ahead of Sundays elections.
U.S. 10 yr slightly bid since Eurex close.
So I'm expecting bunds to test 144.44 quite early
240 min for a bit more perspective
€ Curve continue to flatten, I think this could continue in to the afternoon, where I anticipate some small position squaring pullback.
 
Bor spreads Flattening out to end of 15 where from there thru 16s I see steeps.
 
 
 
Teds ticking higher.
 
Equity expiries today not much else on the data Calendar.
 
Good Luck
L
 

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