Free Trial

Little Changed To Start

EURIBOR

Euribor futures trade within 1bp of unchanged levels across the strip, with Bund futures little changed vs. levels seen at the time of yesterday’s Euribor settlement.

  • The BoJ’s decision to leave policy settings and guidance provided some light background support for core global FI markets in Asia.
  • Meanwhile, ECB chief economist Lane underscored the need to leave rates at sufficiently restrictive levels for as long as is necessary, albeit with a reference to data dependence flagged.
  • He also reminded us that the effects of some of the previously delivered tightening are in the pipeline and chose not to speculate on future policy re: the Bank’s balance sheet.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.