It would’ve been fair to expect the sovereign curve to trade a lot weaker yesterday with EM HY down around 1pt and Putin’s clear rejection of any attempts at a ceasefire over the weekend. Low offers appeared on the open (-75c) but then pulled as soon as global sentiment turned, with the market gradually climbing higher to close unchanged. Given the news flow, this should probably still be attributed to strong technicals, with not many bonds in the hands of tactical accounts.
The KP-Dragon index dipped by 0.3% yesterday amid prevailing selling pressure. In the agricultural space, AST fell 2.5% to PLN 47.9, KER slipped 0.7%, and MHPC edged 0.4% lower to $9.06 on tiny volume. KYIV lost 0.9%, closing at $13.6 on turnover of $4.6m, while SWRM dropped 5.4% to $57.5 on $26.8m turnover. With global markets mixed, Ukrainian stocks are likely to trade sideways today.
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| FXPO LN | GBp | _ | _ | 28.58 | 0.0 |
| KYIV US | USD | 13.47 | 13.49 | 13.48 | -0.9 |
| KER PW | PLN | 19.18 | 19.2 | 19.2 | -0.9 |
| AST PW | PLN | 47.1 | 47.2 | 47.1 | -1.7 |
| MHPC LI | USD | 8.64 | 8.96 | 8.76 | -3.3 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| IMC PW | PLN | 36.9 | 37.2 | 37.2 | -7.0 |
| MHPC LI | USD | 8.64 | 8.96 | 8.76 | -3.3 |
| AST PW | PLN | 47.1 | 47.2 | 47.1 | -1.7 |
| KER PW | PLN | 19.18 | 19.2 | 19.2 | -0.9 |
| KYIV US | USD | 13.47 | 13.49 | 13.48 | -0.9 |
| Ticker | Currency | Close | 1D, % | Volume |
|---|---|---|---|---|
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| SPX | 7347.8 | -0.78 | -0.69 | 7.34 |
| PFTS | 421.18 | 0.00 | -1.85 | -8.68 |
| DAX | 24433.06 | -0.74 | 0.39 | -0.23 |
| FTSE100 | 10227.33 | -1.41 | -0.06 | 2.98 |
| KP-Dragon | 2,341.75 | 0.52 | 8.06 | -1.32 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| CDX.EM | 97.72722 | 0.00 | 0.24 | -1.21 |
| 5-year UST | 99.421875 | 0.00 | 0.00 | 0.00 |
| 10-year UST | 98.796875 | 0.00 | 0.00 | 0.00 |
| 6M USD LIBOR | 4.68213 | -0.17 | -8.86 | -16.18 |
| 12M USD LIBOR | 6.04143 | 1.36 | 5.43 | 10.20 |
| Ukraine A29 | 82.75 | -0.30 | 3.76 | 10.70 |
| Ukraine A36 | 65.25 | 0.00 | 5.67 | 10.59 |
| Ukraine B36 | 55.75 | 0.00 | 6.19 | -1.76 |
| EMBI+ Ukraine | 761.00 | 3.68 | -14.40 | -26.33 |
| CEMBI Ukraine | 704.25 | 1.22 | -14.74 | -44.71 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| UAH:USD (NBU) | 44.84 | -0.74 | -1.97 | -5.55 |
| UAH:EUR (NBU) | 51.9 | -1.05 | -0.34 | -4.05 |
| USD:GBP | 1.34 | 0.29 | -1.70 | -0.71 |
| USD:EUR | 1.15 | 0.06 | -2.05 | -1.75 |
| PLN:USD | 3.68 | 0.03 | -2.12 | -2.36 |
| Name | Close | 1D, % | 1M, % | YTD, % |
|---|---|---|---|---|
| WTI Crude Oil ($/bbl) | 91.3 | 0.84 | -4.32 | 59.00 |
| Corn ($/t) | 180.1 | -1.24 | 0.55 | 3.92 |
| Wheat ($/t) | 233.5 | -1.66 | 4.48 | 25.35 |
| Sugar ($/t) | 320.6 | -1.09 | 4.38 | -3.13 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
|---|---|---|---|---|---|
| AST PW | PLN | 47.10 | 47.20 | 47.10 | -1.67 |
| FXPO LN | GBp | 0.00 | 0.00 | 28.58 | 0.00 |
| IMC PW | PLN | 36.90 | 37.20 | 37.20 | -7.00 |
| KER PW | PLN | 19.18 | 19.20 | 19.20 | -0.93 |
| MHPC LI | USD | 8.64 | 8.96 | 8.76 | -3.31 |
| KYIV US | USD | 13.47 | 13.49 | 13.48 | -0.88 |
| Ticker | Currency | Bid | Ask | Close | 1D, % |
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| Ticker | Currency | Bid | Ask | Close | 1D, % |
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