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Softer Post-NRW CPI

EURIBOR

The Euribor strip is lower in the wake of the NRW CPI data but has stabilised off of initial reaction lows.

  • The strip runs 2.0-6.0bp cheaper through the blues.
  • The back end of the whites and front end of the reds lead the move, while the blues lag during the sell off.
  • Regional German CPI data will continue to filter out ahead of the preliminary national release this afternoon, with preliminary Spanish CPI also due.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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