Free Trial

Eurodollar futures have been the biggest.......>

STIR
STIR: Eurodollar futures have been the biggest movers in G3 STIR futures markets
this morning in what has been a generally risk-off session. Risk sentiment has
deteriorated, largely driven by events in Argentina and Hong Kong. In Argentina,
the relatively market-friendly incumbent, President Macri, lost a primary
election to Fernandez by a much wider margin than expected. While in Hong Kong,
protests have intensified and there is speculation on how the police will react
next.
- Eurodollar Whites are 1.5-5 ticks higher with the rest of the strip generally
5 ticks higher on the day.
- The Short sterling strip has seen the biggest moves in the Red and Green area
(up 1.5-2.5 ticks) with the rest of the strip unch to 1 tick higher.
- The Euribor strip is generally 0.5 ticks higher on the day.

To read the full story

Close

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.