Free Trial

The front end of the Eonia curve is little....>

EONIA
EONIA: The front end of the Eonia curve is little changed in early Monday
morning trade compared to Friday's close, despite German region of Saxony flash
inflation comes in at 1.8% y/y above MNI pan-German median survey of 1.7% y/y.
Pan-German flash PCI will be released at 1300GMT, while before that Eurozone
final consumer confidence data is released at 1000GMT. According to MNI PINCH
markets only price in a 31% chance of a 10bp deposit rate hike in Dec 2018. MNI
see 1y/1y Eonia 0.4bp lower at -27.7bp & following levels in ECB forward dated
Eonia.
* Dec-17 +0.2bp at -0.351%
* Jan-18 +0.1bp at -0.351%
* Mar-18 +0.1bp at -0.351%
* Apr-18 -0.2bp at -0.352%
* Jun-18 unch at -0.355%
* Jul-18 unch at -0.355%
* Sep-18 unch at -0.355%
* Oct-18 -0.1bp at -0.351%

To read the full story

Close

Why MNI

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.