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EURIBOR: Fully looking for a 50bps cut in December

EURIBOR
EurozoneBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • The front Euribor future (at least), is back at fully looking for a 50bps cut from the ECB in December.
  • The front/red strip is seeing some of its biggest moves since the 6th November, ERH5, ERM5, ERU5, ERZ5 are now all at their highest levels since January.
  • Looking at the next expiry, ERH6, this trades at its highest level since October.
  • There's been plenty of upside structures via Euribor Options of late, some punchy ones, looking for ECB rate at 0.50% in the second half of 2025.
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  • The front Euribor future (at least), is back at fully looking for a 50bps cut from the ECB in December.
  • The front/red strip is seeing some of its biggest moves since the 6th November, ERH5, ERM5, ERU5, ERZ5 are now all at their highest levels since January.
  • Looking at the next expiry, ERH6, this trades at its highest level since October.
  • There's been plenty of upside structures via Euribor Options of late, some punchy ones, looking for ECB rate at 0.50% in the second half of 2025.