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EZ HICP due on the hour

EURIBOR
  • The Euribor strip is higher going into the flash Eurozone HICP release following this morning's weak French print (albeit the strip is off the highs).
  • Markets pricing in around 69bp for October, 196bp by year-end, 256bp by March and 284bp in a year's time (around the terminal rate).
  • Euribor Whites have flattened this mornign with Reds/Green/Blues up 10-13 ticks.

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