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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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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Euribor Off Post-JOLTS Bests; ECB Cut Pricing Holds
The Euribor strip followed US counterparts in firming after the lower-than-expected US JOLTS data, but has since pulled back around 2 ticks from levels seen post data.
- The strip sits flat to 9.0 ticks firmer through the Blues vs yesterday's settlement levels.
- ECB-dated OIS contracts remain at dovish extremes, pricing 145bps of cuts by the December 2024 meeting.
- Comments from ECB's Vujcic have not added much new to the policy debate, re-iterating that the ECB have probably finished hiking but are not likely to cut rates in the short-term.
- Tomorrow's docket is light, with October EZ retail sales highlighting.
To read the full story
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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.