It has been a quiet day once again in STIR.....>

STIR: It has been a quiet day once again in STIR markets, with the biggest moves

being seen in Eurodollar futures. Eurodollar Reds, Greens and Blues are around

2.5-3 ticks higher on the back of disappointing surrounding the proposed

China-US growth deal. Whites have seen a smaller move either the curve

flattening at the front end. This afternoon, Fed Chair Powell speaks at the

Economic Club of Washington, with his comments to be closely scrutinised by the

markets, with a number of other Fed speakers due today.

- The Euribor strip has seen some marginal flattening today with Whites and Reds

generally unchanged or 0.5 ticks higher while Greens and Blues are 1-1.5 ticks

higher. French industrial production surprised to the downside earlier this

morning continuing the string of negative Eurozone sentiment.

- The short sterling strip is largely flat on the day with Brexit coming to the

fore again. The House of Commons is due to begin debating May's Brexit deal

today.