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 hikes maintain a broad pause seen through the week, consolidating the slide on payrolls/ISM.
- Hikes: 31bp for Feb 1 (unch), cumulative 50bp Mar (-0.5bp), peak 61bp to 4.94% Jun (unch). Cuts: 50bps from peak to 4.45% year-end (-0.5bp), below current effective by Jan’24.
- Fedspeak: Harker (’23 voter) at 0845ET shortly after CPI with text and Q&A means first CPI reaction more likely from Bullard (non-voter) at 1130ET before Barkin (’24) at 1240ET. Harker still of note though, with first updates since mid-Nov.
FOMC-dated Fed Funds futures implied rates at specific meetingsSource: 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