BUND A 98 .... DOMANI (2 lettori)
- Creatore Discussione ciubecca
- Data di Inizio
Fleursdumal
फूल की बुराई
ragassuoli su dai
my opinion sui payrolls, visto la tirata che hanno fatto sui prezzi, in gran parte son stati già scontati e ci metto dentro anche la revisione del dato boom mezzo taroccato del mese scorso, quindi dovesse scendere sotto 100k potrebbe arrivare sino a 120 a meno che non sia un dato veramente disastroso e decidano di squeezare anche gli ultimi mohicani rimasti scoperti.
L'OI complessivo sul T-Bond continua a diminuire , in quanto chiudono più contratti giugno ormai a rischio consegna di quanto ne aprano sul nuovo settembre. Ieri aperte 12000 posizioni sulle call 119-120-121 luglio , e altre 12000 sulle put 118-117-116 sempre luglio
my opinion sui payrolls, visto la tirata che hanno fatto sui prezzi, in gran parte son stati già scontati e ci metto dentro anche la revisione del dato boom mezzo taroccato del mese scorso, quindi dovesse scendere sotto 100k potrebbe arrivare sino a 120 a meno che non sia un dato veramente disastroso e decidano di squeezare anche gli ultimi mohicani rimasti scoperti.
L'OI complessivo sul T-Bond continua a diminuire , in quanto chiudono più contratti giugno ormai a rischio consegna di quanto ne aprano sul nuovo settembre. Ieri aperte 12000 posizioni sulle call 119-120-121 luglio , e altre 12000 sulle put 118-117-116 sempre luglio
Fleursdumal
फूल की बुराई
ho scoperto un metodo per cancellare veramente le mail che uno si illude di aver eliminato con outlook e che invece rimangono in un nascondiglio recondito di winxp , se siete interessati a saperlo ve lo dico forse...fose.... 
che avete da nascondere zozzoni
che avete da nascondere zozzoni
Fleursdumal
फूल की बुराई
well mi son sistemato il più comodo possibile, pronti per il CHAOS
Argy se mi leggi come mai con firefox non si può modificare il testo cambiando caratteri e colori?
U.S. Treasuries in tight range ahead of payrolls
By Ana Nicolaci da Costa
LONDON, June 3 (Reuters) - U.S. Treasuries traded within a tight range on Friday with investors reluctant to take big positions ahead of the key U.S. non-farm payrolls report which economists expect to come in weaker. The U.S. non-farm payrolls number is out at 1230 GMT and the median estimate by economists in a Reuters survey was that 185,000 new jobs were created in May after 274,000 jobs in April.
The numbers will shed light on the future of U.S. Federal Reserve's monetary policy, two days after Dallas Fed Bank President Richard Fisher suggested the Fed might soon end its series of interest rate increases.
"Payrolls and then (Fed Chairman Alan) Greenspan next week, that's what people really are waiting for. Payrolls in terms of economic fundamentals and then Greenspan as to whether or not he rebuts what Fisher came out with," said Ralph Preusser, European strategist at Deutsche Bank.
Federal Reserve Chairman Alan Greenspan testifies on the economic outlook before the Joint Economic Committee next week.
"I think the number would have to be quite weak to surprise the market at the moment. The consensus figure seems to have been revised continuously over the last few days."
At 0917 GMT, the two-year notes price was steady at 3.53 percent <US2YT=RR>. Meanwhile, the 10-year note <US10YT=RR> was little changed from the New York close, yielding around 3.90 percent.
The forecast for jobs created in May moved lower, according to analysts, after the employment index of the May Institute for Supply Management's manufacturing index on Wednesday dropped below 50, pointing to contraction.
Traders said the tendency was towards the upside for bonds, even if the labour data came in above expectations.
"Overall, whatever the number is unless it is really huge, I think we will see continued buying," said a London trader.
Five-year yields <US5YT=RR> were at 3.66 percent. Meanwhile, the ultra-long 30-year debt yield <US30YT=RR> was at 4.23 percent.
The June T-note future <TYM5> was down 3/32 at 113-16/32.
The Institute for Supply Management releases its May non-manufacturing index at 1400 GMT.
The Economic Cycle Research Institute (ECRI)'s monthly future inflation gauge index for May is due at 1340 GMT and its weekly index of economic activity is out at 1430 GMT.
Fed Governor Edward Gramlich speaks at 1215 GMT and Fed Governor Olson Mark speaks at 1945 GMT.
Treasuries underperformed Bunds slightly, with the 10-year yield spread 1 basis point wider at 73 basis points.
The 10-year dollar swap spread stood at 41 basis points, compared with 40.75 basis points in the U.S. on Thursday. ((Reporting by Ana Nicolaci da Costa; [email protected]; Reuters Messaging: [email protected]; +4420 7542 2575; editing by David Christian-Edwards))
--------------MARKET SNAPSHOT AT 935 GMT ------------------ Futures continuous contract basis
30-year T-Bond 118-20/32 (-04/32)
10-year T-Note 113-16/32 (-03/32)
Change vs Current
Nyk yield
Three-month bills 2.92 (-0.01) 2.976
Six-month bills 3.02 (-0.03) 3.103
Two-year notes 99-30/32 (+00/32) 3.533
Five-year notes 100-31/32 (+01/32) 3.657
10-year notes 101-27/32 (+03/32) 3.901
30-year bonds 117-25/32 (+01/32) 4.234
Argy se mi leggi come mai con firefox non si può modificare il testo cambiando caratteri e colori?
U.S. Treasuries in tight range ahead of payrolls
By Ana Nicolaci da Costa
LONDON, June 3 (Reuters) - U.S. Treasuries traded within a tight range on Friday with investors reluctant to take big positions ahead of the key U.S. non-farm payrolls report which economists expect to come in weaker. The U.S. non-farm payrolls number is out at 1230 GMT and the median estimate by economists in a Reuters survey was that 185,000 new jobs were created in May after 274,000 jobs in April.
The numbers will shed light on the future of U.S. Federal Reserve's monetary policy, two days after Dallas Fed Bank President Richard Fisher suggested the Fed might soon end its series of interest rate increases.
"Payrolls and then (Fed Chairman Alan) Greenspan next week, that's what people really are waiting for. Payrolls in terms of economic fundamentals and then Greenspan as to whether or not he rebuts what Fisher came out with," said Ralph Preusser, European strategist at Deutsche Bank.
Federal Reserve Chairman Alan Greenspan testifies on the economic outlook before the Joint Economic Committee next week.
"I think the number would have to be quite weak to surprise the market at the moment. The consensus figure seems to have been revised continuously over the last few days."
At 0917 GMT, the two-year notes price was steady at 3.53 percent <US2YT=RR>. Meanwhile, the 10-year note <US10YT=RR> was little changed from the New York close, yielding around 3.90 percent.
The forecast for jobs created in May moved lower, according to analysts, after the employment index of the May Institute for Supply Management's manufacturing index on Wednesday dropped below 50, pointing to contraction.
Traders said the tendency was towards the upside for bonds, even if the labour data came in above expectations.
"Overall, whatever the number is unless it is really huge, I think we will see continued buying," said a London trader.
Five-year yields <US5YT=RR> were at 3.66 percent. Meanwhile, the ultra-long 30-year debt yield <US30YT=RR> was at 4.23 percent.
The June T-note future <TYM5> was down 3/32 at 113-16/32.
The Institute for Supply Management releases its May non-manufacturing index at 1400 GMT.
The Economic Cycle Research Institute (ECRI)'s monthly future inflation gauge index for May is due at 1340 GMT and its weekly index of economic activity is out at 1430 GMT.
Fed Governor Edward Gramlich speaks at 1215 GMT and Fed Governor Olson Mark speaks at 1945 GMT.
Treasuries underperformed Bunds slightly, with the 10-year yield spread 1 basis point wider at 73 basis points.
The 10-year dollar swap spread stood at 41 basis points, compared with 40.75 basis points in the U.S. on Thursday. ((Reporting by Ana Nicolaci da Costa; [email protected]; Reuters Messaging: [email protected]; +4420 7542 2575; editing by David Christian-Edwards))
--------------MARKET SNAPSHOT AT 935 GMT ------------------ Futures continuous contract basis
30-year T-Bond 118-20/32 (-04/32)
10-year T-Note 113-16/32 (-03/32)
Change vs Current
Nyk yield
Three-month bills 2.92 (-0.01) 2.976
Six-month bills 3.02 (-0.03) 3.103
Two-year notes 99-30/32 (+00/32) 3.533
Five-year notes 100-31/32 (+01/32) 3.657
10-year notes 101-27/32 (+03/32) 3.901
30-year bonds 117-25/32 (+01/32) 4.234
Fleursdumal
फूल की बुराई
U.S. 10-Year Treasury Set for Biggest Weekly Advance in Seven
June 3 (Bloomberg) -- U.S. 10-year Treasuries were poised for the biggest weekly gain in seven before a report today that will probably show the economy added fewer jobs in May.
The yield on 10-year notes fell below 4 percent for the first time since February on May 31, and dropped to the lowest in more than a year after reports this week showed business and manufacturing indexes fell more than forecast.
``The common trend across bond markets seems to be the slowdown in manufacturing both in the U.S. and euroland and that has been helping the rally in bonds,'' said Ralf Preusser, a bond strategist at Deutsche Bank AG in London. ``The market is also already assuming a weaker payroll number than many economists forecast.''
The benchmark 4 1/8 percent note due in May 2015 was little changed at 101 27/32 to yield 3.90 percent as of 7:30 a.m. in New York, according to bond broker Cantor Fitzgerald LP.
The yield, which moves inversely to the note's price, is down 17 basis points this week, the most since it tumbled 23 basis points in the period ended April 15. A basis point is 0.01 percentage point. The yield has closed below 4 percent for three straight days, the first time that has happened since October.
Employers likely added 175,000 jobs in May, compared with 274,000 the month before, according to the median estimate in a Bloomberg News survey of 71 economists. The report is due at 8:30 a.m. A report from the Labor Department yesterday showed the number of Americans filing initial claims for unemployment benefit last week rose to 350,000 from 325,000.
``The momentum for yields to fall will continue,'' said Masayuki Yoshihara, who helps manage the equivalent of $25 billion in Tokyo at Sumitomo Life Insurance Co., Japan's fourth- largest life insurer. ``The market is not expecting payrolls to be as strong last month.''
Labor Costs
Investors may sell Treasuries if the report shows that employers added more than 221,000 jobs last month, according to a survey by bond research firm Ried, Thunberg & Co. A gain of about 172,000 jobs would be considered ``neutral,'' while the addition of 122,000 or less would be ``bullish.''
Federal Reserve policy makers, in a meeting last month, saw rising inflation as a bigger threat to the economy than a series of weak economic reports, according to minutes released May 24.
Wages, benefits and other costs to employers rose an annualized 3.3 percent in the January to March period, following a 7.7 percent jump in the previous three months, the Labor Department said yesterday. The median forecast in a Bloomberg News survey of economists was 2.1 percent.
``Inflation will continue to pick up into the third quarter which will keep the Fed pushing rates up towards the end of the year,'' said Arjuna Mahendran, chief economist and strategist in Singapore at Credit Suisse Private Banking, which is owned by Credit Suisse Group. ``I'd be very nervous about buying bonds because yields at these levels are just not sustainable.''
Yields may rise to about 4.2 percent in the next two months, Mahendran said.
Relative Strength
The central bank has raised the interest-rate target for overnight loans between banks in quarter-point increments eight times since June, most recently on May 3. Policy makers will raise the rate by another 25 basis points when they meet on June 30, according to the median forecast of all but one of the 67 economists surveyed by Bloomberg.
A technical chart that traders use to predict price changes is suggesting the rally in 10-year notes may end. The note's 10- day relative strength index, a gauge of momentum, was 76, and has declined from 80 two days ago. A level of 70 or above suggests the note's price may be poised to drop.
Yields on 10-year notes have fallen from this year's high of 4.69 percent reached on March 23, and are below a level that was described by Fed Chairman Alan Greenspan in February as a ``conundrum.''
U.S. Treasuries maturing in more than a decade are the best performers this quarter among the 150 indexes compiled by the European Federation of Financial Analyst Societies, or EFFAS. They have returned 7.3 percent since April 1, including reinvested interest. Five of the six best-performing indexes in the current quarter are those of U.S. government debt, according to the EFFAS.
June 3 (Bloomberg) -- U.S. 10-year Treasuries were poised for the biggest weekly gain in seven before a report today that will probably show the economy added fewer jobs in May.
The yield on 10-year notes fell below 4 percent for the first time since February on May 31, and dropped to the lowest in more than a year after reports this week showed business and manufacturing indexes fell more than forecast.
``The common trend across bond markets seems to be the slowdown in manufacturing both in the U.S. and euroland and that has been helping the rally in bonds,'' said Ralf Preusser, a bond strategist at Deutsche Bank AG in London. ``The market is also already assuming a weaker payroll number than many economists forecast.''
The benchmark 4 1/8 percent note due in May 2015 was little changed at 101 27/32 to yield 3.90 percent as of 7:30 a.m. in New York, according to bond broker Cantor Fitzgerald LP.
The yield, which moves inversely to the note's price, is down 17 basis points this week, the most since it tumbled 23 basis points in the period ended April 15. A basis point is 0.01 percentage point. The yield has closed below 4 percent for three straight days, the first time that has happened since October.
Employers likely added 175,000 jobs in May, compared with 274,000 the month before, according to the median estimate in a Bloomberg News survey of 71 economists. The report is due at 8:30 a.m. A report from the Labor Department yesterday showed the number of Americans filing initial claims for unemployment benefit last week rose to 350,000 from 325,000.
``The momentum for yields to fall will continue,'' said Masayuki Yoshihara, who helps manage the equivalent of $25 billion in Tokyo at Sumitomo Life Insurance Co., Japan's fourth- largest life insurer. ``The market is not expecting payrolls to be as strong last month.''
Labor Costs
Investors may sell Treasuries if the report shows that employers added more than 221,000 jobs last month, according to a survey by bond research firm Ried, Thunberg & Co. A gain of about 172,000 jobs would be considered ``neutral,'' while the addition of 122,000 or less would be ``bullish.''
Federal Reserve policy makers, in a meeting last month, saw rising inflation as a bigger threat to the economy than a series of weak economic reports, according to minutes released May 24.
Wages, benefits and other costs to employers rose an annualized 3.3 percent in the January to March period, following a 7.7 percent jump in the previous three months, the Labor Department said yesterday. The median forecast in a Bloomberg News survey of economists was 2.1 percent.
``Inflation will continue to pick up into the third quarter which will keep the Fed pushing rates up towards the end of the year,'' said Arjuna Mahendran, chief economist and strategist in Singapore at Credit Suisse Private Banking, which is owned by Credit Suisse Group. ``I'd be very nervous about buying bonds because yields at these levels are just not sustainable.''
Yields may rise to about 4.2 percent in the next two months, Mahendran said.
Relative Strength
The central bank has raised the interest-rate target for overnight loans between banks in quarter-point increments eight times since June, most recently on May 3. Policy makers will raise the rate by another 25 basis points when they meet on June 30, according to the median forecast of all but one of the 67 economists surveyed by Bloomberg.
A technical chart that traders use to predict price changes is suggesting the rally in 10-year notes may end. The note's 10- day relative strength index, a gauge of momentum, was 76, and has declined from 80 two days ago. A level of 70 or above suggests the note's price may be poised to drop.
Yields on 10-year notes have fallen from this year's high of 4.69 percent reached on March 23, and are below a level that was described by Fed Chairman Alan Greenspan in February as a ``conundrum.''
U.S. Treasuries maturing in more than a decade are the best performers this quarter among the 150 indexes compiled by the European Federation of Financial Analyst Societies, or EFFAS. They have returned 7.3 percent since April 1, including reinvested interest. Five of the six best-performing indexes in the current quarter are those of U.S. government debt, according to the EFFAS.
Fleursdumal
फूल की बुराई
da sottolineare questo passaggio
Investors may sell Treasuries if the report shows that employers added more than 221,000 jobs last month, according to a survey by bond research firm Ried, Thunberg & Co. A gain of about 172,000 jobs would be considered ``neutral,'' while the addition of 122,000 or less would be ``bullish.''
Investors may sell Treasuries if the report shows that employers added more than 221,000 jobs last month, according to a survey by bond research firm Ried, Thunberg & Co. A gain of about 172,000 jobs would be considered ``neutral,'' while the addition of 122,000 or less would be ``bullish.''
arseniolupin
Forumer storico
lo sapete tutti, ma io colgo l'occasione per fare un post qui
il giorno 08/06/2005 sara' l'ultimo giorno di negoziazione del future bund .
chi non chiude si vedrà cosegnare (se long) o ritirare (se short) un titolo di stato tedesco scadenza 2014 in ragione di 100.000 euro ogno contratto.
e quindi visto che il FGBL regola con consegna/ritiro di sottostante(NO CASH SETTLEMENT)
ricordarsi di chiudere la posizione
il giorno 08/06/2005 sara' l'ultimo giorno di negoziazione del future bund .
chi non chiude si vedrà cosegnare (se long) o ritirare (se short) un titolo di stato tedesco scadenza 2014 in ragione di 100.000 euro ogno contratto.
e quindi visto che il FGBL regola con consegna/ritiro di sottostante(NO CASH SETTLEMENT)
ricordarsi di chiudere la posizione
Fleursdumal
फूल की बुराई
+78k la catastrofe, nessuno sapeva :smile: