Some decent moves in STIR markets over the.....>

STIR: Some decent moves in STIR markets over the last few hours, particularly

Eurodollar futures, on the back of the strong US GDP print followed up by strong

Chicago PMI.

- Biggest moves seen in the H0-M1 area where contracts are down 4.5-5 ticks on

the day (around the US open had been up about 2 ticks). Blues are 2-3.5 ticks

lower on the day while Whites are flat to 2.5 ticks lower.

- Short sterling futures have also been dragged lower with Greens and Blues

1-1.5 ticks lower on the day. Whites and Reds have seen smaller moves.

- Euribor Blue futures are 2-3 ticks lower on the day, Greens 1-2 ticks lower.

Whites and Reds flat to 1.5 ticks lower.