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It has been another fairly quiet day in STIR...>

STIR
STIR: It has been another fairly quiet day in STIR markets. Eurodollar and
Euribor futures have continued their moves from yesterday. Eurodollar Whites are
flat to 0.5 ticks lower on the day, Reds are 1-1.5 ticks lower and Greens and
Blues 1.5-2 ticks lower. Euribor Whites and Reds are unchanged on the day but
Greens and Blues are generally 0.5 ticks lower on the day.
- The short sterling strip has seen some retracement of yesterday's moves lower
following the weaker than expected services PMI. Confidence has been hit by
ongoing uncertainty over Brexit and the longer the political impasse continues
the worse the hit to output is likely to be. Whites are 0.5-2 ticks higher on
the day with the rest of the strip 1.5-2 ticks higher on the day.
- It is set to be a pretty quiet day in terms of other market events with the
ISM non-manufacturing index the highlight of the day.

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