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-dated OIS drops to 53bp hike for Dec (-1.5bp) since the release of Powell's remarks, with the terminal sitting at 4.98% in Jun'23 having been 5.045% in Jun'23 just beforehand.
- Reverses the day's climb back to lower end of levels seen since FOMC-minutes when "various" members saw the terminal rate higher than previously expected.
- Bloomberg headlines:
- POWELL: RATE PEAK LIKELY `SOMEWHAT HIGHER’ THAN SEPT. FORECAST
- POWELL SAYS FED WILL NEED RESTRICTIVE POLICY FOR `SOME TIME’
- POWELL: TIME FOR MODERATING HIKE PACE MAY COME AS SOON AS DEC. - bbg
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