Free Trial

Fading ECB rate cut bets

EURIBOR
  • In rates, as desks look for rate to stay higher for longer, Euribor red, green, blue, gold strip is down 7.5 to 11.5 ticks in that part of the strip, with desks parting rate cut play.
  • In the front, not too surprising, there's been interest in buying the likes of ERZ3/ERH4 spread, traded in 21.4k outright and at session high.
  • Spread is -2.5/-2, settled at -5, highest level in the spread since 12th July.

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.