Free Trial

Potential Spillover As BoC Nears Peak

STIR FUTURES
  • Fed Funds implied hikes almost unchanged from yesterday: 26bp for Feb 1, cumulative 46bp for Mar, 58bp to terminal 4.91% in Jun (-0.5bp) before 46bp of cuts to 4.45% Dec.
  • A light docket sees potential BoC spillover. It’s broadly expected to hike 25bps (5 of 27 analysts see pause, OIS pricing nudging lower from 20bps to circa 18bps) with a question whether it signals a pause ahead or leaves options open.

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.