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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.
STIR
Ahead of February CPI Monthly data released soon (0130 GMT), RBA-dated OIS pricing is 1-4bp firmer across meetings beyond April.
- After fluctuating around a no-change decision since mid-March, April meeting pricing has firmed slightly this week to be currently attaching an 18% chance of a 25bp hike.
- Expected year-end easing has declined to around 22bp from 25bp yesterday and 38bp on Monday.
Figure 1: RBA Dated OIS: Today Vs. Pre-Data
Source: MNI – Market News / Bloomberg
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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