MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI BRIEF: Japan Oct Real Wages Unchanged Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

MNI: US OCT TRADE GAP -$73.8B VS SEP -$83.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Post-LIBOR Settle Update: Implied Hike Holds Steady

US EURODLR FUTURES

Lead quarterly Mar'23 (EDH3) gains 0.010 to 95.01 after 3M LIBOR set' holds steady at 4.81357% (-0.01172/wk).

  • Fed funds implied hike for Feb'23 steady at 26.4bp, Mar'23 cumulative 46.9bp to 4.798%, May'23 57.9bp to 4.908%, terminal at 4.92% in Jun'23-Jul'23.
  • Balance of Eurodollar Whites (EDM3-EDZ3) +0.005, Reds (EDH4-EDZ4) +0.025-0.050, Greens through Golds (EDH5-EDZ7) +0.045-0.030.
  • Current deferred spds vs. prior settles:
    • Jun'23/Sep'23: steady at -0.070
    • Mar'23/Red Mar'24: -0.755 vs. -0.735
    • Jun'23/Red Jun'24: -1.300 vs. -1.270
  • Option recap: Rather muted volumes Monday covered mixed wing buyers (SOFR call and put flys, 5-, 10- and 30Y wings pared, vol buyers via strangles) ahead this Wed's FOMC policy annc (25bp hike widely anticipated).
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.