/Euribor & Short Sterling Futures Weekly.......>

STIR: /Euribor & Short Sterling Futures Weekly Update (Sep 2-6) - see email for

further analysis and key bond/rate futures/options trades of the week.

- Euribor futures have mostly been led by risk events, particularly Brexit. The

strip has for the most part traded in tight ranges with market participant

turning their focus towards ECB next week. Front Whites have a 10bps cut fully

priced in in Futures terms.

- Short Sterling futures took a turn lower following the anti "No Deal" vote on

Tuesday. White contracts initially traded lower to levels last seen since July,

but have seen some profit taking Friday, with the front strip up 2-3 ticks. The

futures curve is still pricing in no change in BoE rates (0.75%) until at least

December/early 2020.