Euro$ interest rate options: large screen trades on Greens Euro$ interest rate options: large screen trades on Greens were highlighted by sale of 23k in Green Jun 87/90 put spreads vs a purchase of Green Aug 85/87 put spreads. Also purchased was a Green Aug put spread "blocked" at the same level, thought to be "rolling" out of the Jun spread and into the Aug, which is a new position. Underlying Sep 2013s are a half-tick lower near 99.685, while the deferreds are 0.5-1.0 ticks lower as the short-dated rate contracts tweak the QE3 horizon a bit.
09:10 EDT
Barclays analysts hold an analyst/industry conference call Industrials Analysts provide a weekly update on an Analyst/Industry conference call to be held on June 10 at 11 am.
09:06 EDT
Barclays' healthcare analyst team holds an analyst/industry conference call Healthcare analysts discuss important trends within the industry on an Analyst/Industry conference call to be held on June 10 at 10:30 am.
Investors continue to look to a higher open Stock futures remain slightly higher ahead of the day’s open. Little economic data is expected to be released today, so investors are hoping that last week’s momentum can extend to today’s session. The market looks poised to shake off the weaker industrial production outlook which was released last week and instead focus on the gains made in the U.S. economy.
Jefferies' energy analysts hold an analyst/industry conference call Energy analysts provide an industry update on an Analyst/Industry conference call to be held on June 10 at 8:15 am.
ISI Group to host a field trip European Healthcare Field Trip travels in Switzerland, Germany and Denmark on June 10-12.
07:25 EDT
Futures suggest a slightly higher open U.S. equity futures are pointing to a positive open as investors hope that the rally which began at the end of last week can continue. The market began last week with a big sell-off, but stocks recouped their losses within a couple of days and finished the week in the black. The futures are higher based on the strength of the dollar against the yen, as prospects for economic growth in the U.S. and Japan outweigh concerns about a global slowdown.