Free Trial

It's been a mixed day so far for.......>

STIR FUTURES
STIR FUTURES: It's been a mixed day so far for STIR markets.
- Eurodollar and Euribor curves have flattened with the biggest moves seen in
blues and longer-dated contracts. Eurodollar blues are 3.5-4bp higher on the
day. Euribor blues are 2-2.5bp higher on the day.
- Euribor white contracts are marginally lower on the day, by 0.5bp.
- Short sterling is trading lower on the day following the ECJ's advocate
general stating that provisionally the UK could withdraw Article 50
unilaterally, which should help to strengthen the UK's negotiating position with
the EU as it could withdraw Article 50 before triggering it again and starting
the 2-year clock running again almost immediately. Reds and greens are around
1.5-2bp lower on the day, although short sterling has recovered from its lows of
the day.

To read the full story

Close

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.