Free Trial
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.
STIR FUTURES
- After a relatively slow start to the session, short sterling futures have been pushing higher with a flattening of the curve in the White area. Reds, Greens and Blues are up 3.0-4.5 ticks on the day. Although there have been some further headlines with pessimism over the progress of Brexit talks, of which there will be more headlines later today with Frost appearing in the Lords at 11:30GMT, we think that these moves are merely continued retracements coming off the lows seen following the labour market and CPI data.
- The Eurodollar and Euribor strips are both a little higher, but both are underperforming the short sterling strip on a day with little in the way of key data releases (US weekly claims the highlight) but plenty of Fed speakers.
- Despite the moves in short sterling, we have seen more muted moves in GBP FX this morning with both EURGBP and GBPUSD both largely unchanged versus yesterday's close (although GBPUSD is off its highs of the day).
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok