Moves have been rather limited in STIR.........>

STIR: Moves have been rather limited in STIR markets this morning.

- The short sterling strip has moved 1-1.5 ticks higher following yesterday's

indicative Brexit votes in parliament. Parliament had no preference for any of

the motions tabled. With the DUP also still said to be against May's deal, and

many Conservative MPs stating that they will only vote for May's deal if it has

DUP support, uncertainty continues to increase and the risk of an accidental no

deal scenario seems to be rising.

- In contrast, Euribor and Eurodollar futures have drifted a little lower this

morning. Euribor Whites are within 0.5 ticks of yesterday's close, Red 1 tick

lower and Greens and Blues 1.5 ticks lower. German regional CPIs have been

either unch or 0.2pp lower than in Jan ahead of the national print at 13:00GMT

while Spanish CPI missed expectations by 0.2pp.

- Eurodollar futures have seen Whites and Reds 0.5-1.5 ticks lower and the rest

of the curve largely unch.