© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: BOJ Tankan To Show Mixed Sentiment, Solid Capex

MNI BRIEF: A United Asia Needed Amid Uncertainty - Premier Li

MNI: PBOC Net Injects CNY175 Billion via OMOs Thursday

MNI: GERMANY NRW MAR CPI +0.6% M/M; FEB +1.0% M/M

Coming Up In The Asia-Pac Session On Thursday

EZ/UK Bond Supply Calendar: Italy to sell BTP / CCTeu on Thurs

MNI INTERVIEW: Canada Budget Keeps BOC On Pause: Ex Official

MNI BRIEF: FDIC To Conduct Review Of Deposit Insurance

MNI BRIEF: Fed's Barr: Will Use All Tools To Keep Banks Safe

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

ECB Hike Pricing Well Off Week's Lows; BoE Fades Slightly

STIR
BulletMarketsFixed Income NewsHomepage

ECB hiking expectations were bolstered further from recent lows Thursday on commentary by officials Knot and Lagarde, and hawkishly perceived December meeting minutes.

  • Over 140bp of hikes are priced to a July terminal depo rate of 3.40%. That's slightly below the 143bp of hikes priced prior to Bloomberg's dovish sources piece Tuesday, but well above the 126bp at the week's lows.

Conversely BoE hike pricing faded slightly Thursday, with Aug 22 implied pricing falling 1.5bp, pointing to 102bp in further hikes and a 4.52% terminal Bank Rate.

Keep reading...Show less
222 words

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

ECB hiking expectations were bolstered further from recent lows Thursday on commentary by officials Knot and Lagarde, and hawkishly perceived December meeting minutes.

  • Over 140bp of hikes are priced to a July terminal depo rate of 3.40%. That's slightly below the 143bp of hikes priced prior to Bloomberg's dovish sources piece Tuesday, but well above the 126bp at the week's lows.

Conversely BoE hike pricing faded slightly Thursday, with Aug 22 implied pricing falling 1.5bp, pointing to 102bp in further hikes and a 4.52% terminal Bank Rate.

Keep reading...Show less