Free Trial

PINCH UPDATE: Eurozone policy rate.........>

EUROZONE
EUROZONE: PINCH UPDATE: Eurozone policy rate expectations have held relatively
steady over the course of the past month. MNI PINCH attributes a 37.7%
probability of a 10bp hike to the deposit rate at the December meeting, down
from 39.6% a week ago and 35.4% last month. Economic activity remains weak with
few signs of a substantial turnaround yet. However, recent releases (including
inflation) show a tentative stabilisation following the sharp drawdown in recent
months. This week's ECB policy meeting could trigger a shake-up in policy rate
expectations given that new staff economic projections will be released and with
the market expecting an update on internal discussions over a possible TLTRO
extension.
* Please see: https://emedia.marketnews.com/MNI_PINCH_UPDATE.pdf

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.