Free Trial
ARGENTINA

March Economic Activity Below Expectations

COMMODITIES

Volatile Crude Oil And Surging Gold

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Front Rates Unwind Overnight Strength

STIR
  • EDH2 is up 1.5 ticks at 99.555, near the top of the 99.53-99.56 range it’s settled in through this week.
  • Longer-dated whites and reds have seen a larger increase this morning, with EDZ2 up 4.5 ticks and EDZ3 up 5.5 ticks from earlier lows as they move back near yesterday’s close having fully unwound the late sell-off overnight into Asian trade.
  • Similarly, Fed Funds futures are pricing in 27bps for the March meeting (from 28bps) and 102bps following the Dec meeting (from 105bps).
  • US data in 10mins: Along with jobless claims for a NFP survey week, the Philly Fed mfg survey could be of note after Tuesday’s surprisingly weak Empire survey which showed a mixture of moderating current prices but fresh series highs for forward looking prices.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.