It has been a quiet start to the week for......>

STIR: It has been a quiet start to the week for STIR.

- Eurodollar Whites, Reds and Greens are generally 0.5 ticks higher today with

Blues unchanged on the day. The market is focused on the Fed's rate decision on

Wednesday. Almost all sell-side economists and most market participants continue

to expect a 25bp hike, but there are expectations that the dots for 2019 could

be lowered.

- Euribor Reds have moved 1-1.5 ticks higher as the market continues to digest

the ECB's confirmation that it will end asset purchases and Draghi's dovish

statement. Greens have moved 0.5 ticks higher with the rest of the curve

unchanged. Focus will be on inflation and confidence data this week.

- The Short Sterling strip has moved lower and steepened this morning. Reds are

0.5-1 tick lower, Greens 1.5-2 ticks lower and Blues 2 ticks lower while Whites

are largely unchanged. This is on the back of further optimism that a no deal

scenario may be avoided with the weekend press reporting that several cabinet

members are pushing for a second Brexit referendum.