FUTURES & BONDS WEEK OF NOVEMBER 19, 2018 B17 … · 2018. 11. 16. · Copyright 2018 Investor's...
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Copyright 2018 Investor's Business Daily Inc. Key Financial And Commodity Futures BY BLOOMBERG NEWS China’s holdings of U.S. Treasuries fell to a more than one-year low as the world’s second-largest econo- my takes steps to stabilize the yuan, which is under pressure from the trade war. The Asian nation’s holdings of U.S. bonds, bills and notes declined for a fourth month to $1.15 trillion in September, from $1.17 trillion in August, the Treasury Department said in a statement Friday. China remained the biggest for- eign creditor to the U.S., followed by Japan, whose Treasury holdings were little changed at $1.03 trillion. The data comes as the U.S. and China resume trade talks with Pres- ident Donald Trump and China’s Xi Jinping scheduled to meet at the Group of 20 summit in Argentina, which begins Nov. 30. In preparation for a potential deal from those talks, China has present- ed a list of possible concessions, which Trump said on Friday left out “four or five” big items the U.S. wants. “China wants to make a deal. They sent a list of things they are willing to do, which is a large list and it is just not acceptable to me yet. But at some point I think that, we are doing extremely well with respect to China,” Trump told reporters. Investors are searching for any clues China may pare back its vast holding of U.S. Treasuries to retali- ate against U.S. tariffs, though Beijing has given no indication it’s doing so. So far the U.S. has im- posed duties on $250 billion worth of Chinese imports, and Trump said on Friday he has another $267 billion of goods targeted if the na- tions fail to reach a truce. “We may not have to do that,” he said. “China would like to make a deal.” China may be allowing its foreign- exchange reserves to decline as part of a policy to stabilize the yuan and prevent it from weakening fur- ther. The currency already has depreci- ated more than 4% against the dol- lar in the past year amid signs of an economic slowdown and capital outflows. China’s foreign-exchange re- serves stockpile fell by $22 billion in September to touch the lowest level since July 2017, suggesting that the People’s Bank of China may have stepped in to stabilize the yuan. S&P COMP. INDEX Dec 18 PRICE MO %F=55.5 %S=57.6 CLOSE 2742.90 OPEN INTEREST 55806 CME MINI DOW JONES Dec 18 PRICE MO %F=59.2 %S=64.4 CLOSE 254.51 OPEN INTEREST 78461 CBOT 10 YEAR TREASURY Dec 18 PRICE MO %F=65.6 %S=50.8 CLOSE 119-05 OPEN INTEREST 4094585 CBOT BRITISH POUND Dec 18 PRICE MO %F=39.5 %S=49.3 CLOSE 1.2847 OPEN INTEREST 219200 IMM JAPANESE YEN Dec 18 PRICE MO %F=36.1 %S=23.3 CLOSE 0.8881 OPEN INTEREST 223990 in 100th IMM EURO Dec 18 PRICE MO %F=42.5 %S=31.9 CLOSE 1.1438 OPEN INTEREST 487885 CME MINI NASDAQ 100 Dec 18 PRICE MO %F=45.7 %S=50.6 CLOSE 6895.00 OPEN INTEREST 243302 CME US TREASURY BONDS Dec 18 PRICE MO %F=71.3 %S=55.7 CLOSE 139-18 OPEN INTEREST 907935 CBOT US DOLLAR INDEX Dec 18 PRICE MO %F=59.8 %S=67.5 CLOSE 96.33 OPEN INTEREST 54454 ICE MEXICAN PESO Dec 18 PRICE MO %F=29.4 %S=23.8 CLOSE 0.4946 OPEN INTEREST 185818 in 10th IMM SWISS FRANC Dec 18 PRICE MO %F=43.3 %S=31.2 CLOSE 1.0026 OPEN INTEREST 77426 IMM EURODOLLARS Dec 19 PRICE MO %F=68.7 %S=50.4 CLOSE 96.92 OPEN INTEREST 2058998 IMM COCOA Mar 19 PRICE MO %F=28 %S=42.1 CLOSE 2234.0 OPEN INTEREST 116211 ICE GAS BLEND Jan 19 PRICE MO %F=11.8 %S=9.3 CLOSE 1.5682 OPEN INTEREST 138335 NYM WHEAT Mar 19 PRICE MO %F=35.6 %S=39.2 CLOSE 5.15¼ OPEN INTEREST 188187 CBOT SOYBEAN OIL Jan 19 PRICE MO %F=12.7 %S=13 CLOSE 27.57 OPEN INTEREST 161771 CBOT LUMBER Jan 19 PRICE MO %F=84 %S=81.7 CLOSE 351.40 OPEN INTEREST 2713 CME CANADIAN DOLLAR Dec 18 PRICE MO %F=29.8 %S=20.6 CLOSE 0.7600 OPEN INTEREST 121362 IMM ORANGE JUICE Jan 19 PRICE MO %F=29.3 %S=18.4 CLOSE 137.30 OPEN INTEREST 14080 ICE COTTON 2 Mar 19 PRICE MO %F=20.9 %S=28.6 CLOSE 78.29 OPEN INTEREST 127988 ICE SOYBEAN MEAL Jan 19 PRICE MO %F=37.3 %S=29.2 CLOSE 313.00 OPEN INTEREST 125270 CBOT PLATINUM Jan 19 PRICE MO %F=35.5 %S=45.6 CLOSE 846.60 OPEN INTEREST 63028 NYM NIKKEI 225 AVGS. Dec 18 PRICE MO %F=41.7 %S=53.4 CLOSE 21745 OPEN INTEREST 10 CME 5 YEAR TREASURY Dec 18 PRICE MO %F=87.8 %S=79.8 CLOSE 112-26 OPEN INTEREST 4629340 CBOT China’s Treasury Holdings At More Than A 1-Year Low “IBD Meetup has greatly improved my investing discipline and success!” - Anthony E., Business owner www.investors.com/Meetup Whether you’re new to investing or a seasoned trader, connecting with other IBD subscribers is a great way to sharpen your investing skills. © 2018 Investor’s Business Daily, Inc. Investor’s Business Daily, IBD, CAN SLIM and corresponding logos are registered trademarks owned by Investor’s Business Daily. Inc. Money Rates Prime Rate: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.25 Base interest rate charged by major U.S. commercial banks on loans to corpora- tions. Discount Rate: Primary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.75 Secondary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.00 Rate charged by Federal Reserve System on loans to depository institutions Broker Call Loan Rate: . . . . . . . . . . . . . . . . 3.25 Rate charged on short-term loans to brokerage dealers backed by securities. Federal Funds Effective Rate: . . . . . . . 2.20 Rates on overnight loans among financial institutions. Certificates of Deposit: 1 month . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.15 3 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.45 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.66 1 year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.20 Interest rate paid by dealers for certifi- cates of deposit based on the duration of the security. Jumbo CDs: 1 month . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.32 3 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.53 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.72 1 year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.27 London Interbank Offered Rate: 3 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.63 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.86 1 year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.13 The average of rates paid on dollar deposits. Treasury Bill Auction Results: 3-months (as of Nov. 13) . . . . . . . . . . . . . . . . 2.34 6-months (as of Nov. 13) . . . . . . . . . . . . . . 2.465 Average discount rate for Treasury bills in minimum units on $10,000. Treasury Bill: 1-year, (as of Nov. 13) . . . . . . . . . . . . . . . . . . . . . 2.74 Annualized rate on weekly average basis, yield adjusted for constant maturity. INVESTOR'S BUSINESS DAILY FUTURES & BONDS WEEK OF NOVEMBER 19, 2018 B17
Transcript of FUTURES & BONDS WEEK OF NOVEMBER 19, 2018 B17 … · 2018. 11. 16. · Copyright 2018 Investor's...
Copyright 2018 Investor's Business Daily Inc.
Key Financial And Commodity Futures
BY BLOOMBERG NEWS
China’s holdings of U.S. Treasuriesfell to a more than one-year low asthe world’s second-largest econo-my takes steps to stabilize the yuan,which is under pressure from thetrade war.
The Asian nation’s holdings ofU.S. bonds, bills and notes declinedfor a fourth month to $1.15 trillionin September, from $1.17 trillion inAugust, the Treasury Departmentsaid in a statement Friday.
China remained the biggest for-eign creditor to the U.S., followedby Japan, whose Treasury holdingswere little changed at $1.03 trillion.
The data comes as the U.S. andChina resumetrade talkswith Pres-ident Donald Trump and China’sXi Jinping scheduled to meet at theGroup of 20 summit in Argentina,which begins Nov. 30.
In preparation for a potential dealfrom those talks, China has present-ed a list of possible concessions,which Trump said on Friday leftout “four or five” big items the U.S.wants.
“China wants tomake a deal.Theysent a list of things they are willingto do, which is a large list and it isjust not acceptable to me yet. But at
some point I think that, we aredoing extremely well with respecttoChina,” Trump told reporters.
Investors are searching for anyclues China may pare back its vastholding of U.S. Treasuries to retali-ate against U.S. tariffs, thoughBeijing has given no indication it’sdoing so. So far the U.S. has im-posed duties on $250 billion worthof Chinese imports, and Trumpsaid on Friday he has another $267billion of goods targeted if the na-tions fail to reach a truce.
“We may not have to do that,” hesaid. “China would like to make adeal.”
China may be allowing its foreign-exchange reserves to decline aspart of a policy to stabilize the yuanand prevent it from weakening fur-ther.
Thecurrency alreadyhas depreci-ated more than 4% against the dol-lar in the past year amid signs of aneconomic slowdown and capitaloutflows.
China’s foreign-exchange re-serves stockpile fell by $22 billionin September to touch the lowestlevel since July 2017, suggestingthat the People’s Bank of Chinamay have stepped in to stabilize theyuan.
S&P COMP. INDEX Dec 18 PRICE MO %F=55.5 %S=57.6 CLOSE 2742.90OPEN INTEREST 55806CME
MINI DOW JONES Dec 18 PRICE MO %F=59.2 %S=64.4 CLOSE 254.51OPEN INTEREST 78461CBOT
10 YEAR TREASURY Dec 18 PRICE MO %F=65.6 %S=50.8 CLOSE 119-05OPEN INTEREST 4094585CBOT
BRITISH POUND Dec 18 PRICE MO %F=39.5 %S=49.3 CLOSE 1.2847OPEN INTEREST 219200IMM
JAPANESE YEN Dec 18 PRICE MO %F=36.1 %S=23.3 CLOSE 0.8881OPEN INTEREST 223990 in 100thIMM
EURO Dec 18 PRICE MO %F=42.5 %S=31.9 CLOSE 1.1438OPEN INTEREST 487885CME
MINI NASDAQ 100 Dec 18 PRICE MO %F=45.7 %S=50.6 CLOSE 6895.00OPEN INTEREST 243302CME
US TREASURY BONDS Dec 18 PRICE MO %F=71.3 %S=55.7 CLOSE 139-18OPEN INTEREST 907935CBOT
US DOLLAR INDEX Dec 18 PRICE MO %F=59.8 %S=67.5 CLOSE 96.33OPEN INTEREST 54454ICE
MEXICAN PESO Dec 18 PRICE MO %F=29.4 %S=23.8 CLOSE 0.4946OPEN INTEREST 185818 in 10thIMM
SWISS FRANC Dec 18 PRICE MO %F=43.3 %S=31.2 CLOSE 1.0026OPEN INTEREST 77426IMM
EURODOLLARS Dec 19 PRICE MO %F=68.7 %S=50.4 CLOSE 96.92OPEN INTEREST 2058998IMM
COCOA Mar 19 PRICE MO %F=28 %S=42.1 CLOSE 2234.0OPEN INTEREST 116211ICE
GAS BLEND Jan 19 PRICE MO %F=11.8 %S=9.3 CLOSE 1.5682OPEN INTEREST 138335NYM
WHEAT Mar 19 PRICE MO %F=35.6 %S=39.2 CLOSE 5.15¼OPEN INTEREST 188187CBOT
SOYBEAN OIL Jan 19 PRICE MO %F=12.7 %S=13 CLOSE 27.57OPEN INTEREST 161771CBOT
LUMBER Jan 19 PRICE MO %F=84 %S=81.7 CLOSE 351.40OPEN INTEREST 2713CME
CANADIAN DOLLAR Dec 18 PRICE MO %F=29.8 %S=20.6 CLOSE 0.7600OPEN INTEREST 121362IMM
ORANGE JUICE Jan 19 PRICE MO %F=29.3 %S=18.4 CLOSE 137.30OPEN INTEREST 14080ICE
COTTON 2 Mar 19 PRICE MO %F=20.9 %S=28.6 CLOSE 78.29OPEN INTEREST 127988ICE
SOYBEAN MEAL Jan 19 PRICE MO %F=37.3 %S=29.2 CLOSE 313.00OPEN INTEREST 125270CBOT
PLATINUM Jan 19 PRICE MO %F=35.5 %S=45.6 CLOSE 846.60OPEN INTEREST 63028NYM
NIKKEI 225 AVGS. Dec 18 PRICE MO %F=41.7 %S=53.4 CLOSE 21745OPEN INTEREST 10CME
5 YEAR TREASURY Dec 18 PRICE MO %F=87.8 %S=79.8 CLOSE 112-26OPEN INTEREST 4629340CBOT
China’s Treasury HoldingsAt More Than A 1-Year Low
“IBD Meetup hasgreatly improved myinvesting discipline
and success!”- Anthony E., Business owner
www.investors.com/Meetup
Whether you’re new to investing or a seasoned trader, connecting with other IBD subscribers is a great way to sharpen your investing skills.
© 2018 Investor’s Business Daily, Inc. Investor’s Business Daily, IBD, CAN SLIM and corresponding logos are registered trademarks owned by Investor’s Business Daily. Inc.
Money RatesPrime Rate: .................................. 5.25
Base interest rate charged by major U.S.commercial banks on loans to corpora-tions.
Discount Rate:Primary ................................................... 2.75
Secondary ............................................. 3.00
Rate charged by Federal Reserve Systemon loans to depository institutions
Broker Call Loan Rate: ................ 3.25Rate charged on short-term loans tobrokerage dealers backed by securities.
Federal Funds Effective Rate: ....... 2.20Rates on overnight loans amongfinancial institutions.
Certificates of Deposit:1 month .............................................. 0.153 months ........................................... 0.456 months ........................................... 0.66
1 year ................................................. 1.20Interest rate paid by dealers for certifi-cates of deposit based on the duration ofthe security.
Jumbo CDs:1 month ............................................. 0.323 months ........................................... 0.536 months ........................................... 0.721 year ................................................. 1.27
London Interbank Offered Rate:3 months ............................................ 2.636 months ............................................ 2.86
1 year ................................................. 3.13The average of rates paid on dollardeposits.
Treasury Bill Auction Results:3-months (as of Nov. 13) ................ 2.346-months (as of Nov. 13) .............. 2.465
Average discount rate for Treasury billsin minimum units on $10,000.
Treasury Bill:1-year, (as of Nov. 13) ..................... 2.74
Annualized rate on weekly average basis,yield adjusted for constant maturity.
INVESTOR'S BUSINESS DAILY FUTURES & BONDS WEEK OF NOVEMBER 19, 2018 B17
