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Flat To A Touch Firmer

EURIBOR

The recovery from late Thursday lows in core global FI helps bias Euribor futures a little firmer in the main, with contracts through the greens running 0.5-1.5bp richer.

  • ECB Governing Council hawk Knot once again pushed back against the idea of rate cuts come the middle of next year (see earlier bullets for more colour there), but that had nothing in the way of a tangible impact on markets given his historical bias.
  • ECB speak from Lagarde & Nagel will cross ahead of the weekend.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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