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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
After Knot and Lagarde's comments this morning, and the ECB December meeting accounts showing a "large number" of Governing Council officials preferred a 75bp hike to the 50bp delivered, ECB terminal hike pricing is now only 2bp below its pre-Bloomberg sources story level on Tues.
- At 141bp in cumulative hikes priced to July, it's 14+bp above the week's low. (see chart).
- And cumulative hike pricing to the March meeting is back to 91bp, 1bp below pre-BBG piece and 9bp above the week's low.
Source: BBG, MNI
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.
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