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OI Points To Short Setting In Futures As The Dominant Factor On Monday

EURIBOR

The combination of Monday's weakness in Euribor futures and OI data points to net short setting in all packs through the blues.

  • Contained rounds of net long cover were seemingly seen in some contracts.
  • ECB speak continued to push back against the idea of imminent rate cuts, although most Euribor futures respected recent lows.
26-Feb-2423-Feb-24Daily OI ChangeDaily OI Change In Packs
ERH4877,582876,978+604Whites+2,419
ERM4653,526654,574-1,048Reds+7,545
ERU4402,275405,440-3,165Greens+2,073
ERZ4460,260454,232+6,028Blues+799
ERH5377,632375,923+1,709
ERM5305,456303,557+1,899
ERU5258,688251,757+6,931
ERZ5302,805305,799-2,994
ERH6198,208195,826+2,382
ERM6131,159131,325-166
ERU6110,079107,941+2,138
ERZ6103,378105,659-2,281
ERH771,86672,113-247
ERM752,23851,389+849
ERU747,49347,342+151
ERZ761,48561,439+46
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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