Free Trial

STIR futures are on the backfoot this..........>

STIR: STIR futures are on the backfoot this morning with the short sterling
strip seeing the biggest moves in G3 space.
- With a no deal Brexit by October 31 now looking increasingly less likely after
parliament curtailed the government, the short sterling strip continues to move
lower with lower rates contingent upon a no deal Brexit. The curve has steepened
in the White area with Reds, Greens and Blues down 3-4.5 ticks.
- The Eurodollar strip is down 2.5 ticks across most of the curve while the
Euribor strip is down 0.5 ticks across most of the curve.

To read the full story



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.