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Why 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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessEUR STIR Markets Hold Familiar Levels As ECB Decision Nears
Little net movement in ECB-dated OIS today, with ~21bp of cuts priced through June and ~93bp of cuts showing through year end.
- The latest ECB decision is 10 minutes away, with focus set to fall on the Bank’s economic projections and any colour re: future monetary policy moves.
- Given the very cautious approach to easing by the ECB, with the GC wanting sufficient confirmatory evidence from inflation and wages, we stick with our expectation that the first policy rate cut will be delivered in June.
- Our full preview of the event is available here.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why 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.