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STIR: Euribor Futures Little Changed With Focus On German Inflation Tomorrow

STIR

Euribor futures are little changed through the blues, while ECB-dated OIS shows 62bps of ’24 cuts (in line with yesterday afternoon's levels).

  • Regional focus remains on the May flash inflation round, which begins tomorrow with data from Germany. MNI’s full inflation preview will be released later today.
  • Today’s regional calendar is light, with ECB consumer inflation expectations due at 0900BST.
  • Overnight, ECB Executive Board member Schnabel spoke on the benefits and costs of asset purchases. Full speech link here: https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240528~a4f151497d.en.html
  • ECB’s Centeno and Knot are scheduled to speak later today.

 

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Euribor futures are little changed through the blues, while ECB-dated OIS shows 62bps of ’24 cuts (in line with yesterday afternoon's levels).

  • Regional focus remains on the May flash inflation round, which begins tomorrow with data from Germany. MNI’s full inflation preview will be released later today.
  • Today’s regional calendar is light, with ECB consumer inflation expectations due at 0900BST.
  • Overnight, ECB Executive Board member Schnabel spoke on the benefits and costs of asset purchases. Full speech link here: https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240528~a4f151497d.en.html
  • ECB’s Centeno and Knot are scheduled to speak later today.

 

Keep reading...Show less