STIR markets are mixed in what has been a......>

STIR: STIR markets are mixed in what has been a fairly quiet session for news

this morning.

- The biggest moves have been seen across the Eurodollar futures strip. Reds,

Greens and Blues are all 3-4 ticks lower on the day while and the curve has

steepened in the White area. White contracts have moved 0.5-2.5 ticks lower. It

is set to be another quiet data day in the US with the Richmond Fed

manufacturing index and FHFA house price index the highlights.

- Short sterling has also sold off this morning with the whole strip around 1-2

ticks lower on the day. Media reports are suggesting that Labour will back the

Cooper amendment which would switch the default position to a delayed Brexit

rather than a no deal Brexit. With support from some Tories, this amendment

looks increasingly likely to pass if it goes to a vote.

- The Euribor strip is slightly higher on the day with Greens and Blues 1-1.5

ticks higher, Reds 0.5-1 tick higher and Whites unchanged on the day.