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MNI: MNI PINCH see markets pricing of forward........>

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MNI: MNI PINCH see markets pricing of forward interest rates in the US, Eurozone
and the UK have shifted lower in the last week. Markets now price just a 21%
chance of a third extra Fed rate hike in December this year. In the Eurozone
chance of a 10bp deposit rate hike in June 2019 has fallen to 57%. While in the
UK markets price in a 33% chance of a 25bp rate hike at August MPC meeting. See
MNI PINCH email for full details.

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