Free Trial
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.
STIR FUTURES
- Fed Funds implied rates have been pushed higher overnight in spillover from a sharp increase in BoE terminal expectations after stronger than expected CPI data.
- 22bp hike for May (+0.5bp), cumulative 29bp hike for Jun (+2bp), only just back to current levels in Nov at 4.82% (+5bp) and 17bp of cuts from current to 4.66% Dec (+7bp).
- The Beige Book lands at 1400ET followed by late appearances from Goolsbee (’23 voter) in an interview at 1730ET and Williams (voter) at 1900ET. Both spoke last week although Williams likely more of note on the economic and policy outlook with text/Q&A at the Money Marketeers of New York University. Williams noted Apr 11 prior to Mar CPI that core services inflation has not budged.
Source: Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok