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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMoving Past a March Hike
With markets widely anticipating (and hearing opinion from several Fed officials) of liftoff at the March FOMC -- option traders have started moving to Spring-Summer for edge in hedging next hike if inflation persists.
- +20,000 Apr 98.75/99.00 put spds, 1.0
- +4,000 Jun 99.00/99.12 put spds, 2.0 vs. 99.29/0.12%
- On the flipside:
- +25,000 Jun 99.25/99.37/99.50 in-the-money put fly, 2.5 -- unlike early session trades looking for three 25bp hikes by June, the ITM put fly looks for cooling of inflation, less hawkish rhetoric.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.