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

EONIA
EONIA: The front end of the Eonia curve is little changed in early Friday
morning trade compared to Thursday's close, as markets await key US non-farm
payroll and average hourly earnings data at 1230GMT as there is a dearth of
Eurozone data released today. Markets are looking for a large rebound in
payrolls following last months contraction, but seeing wages only rise by 0.2%.
According to MNI PINCH markets only price in a 15% chance of a 10bp deposit rate
hike in Dec 2018. MNI see 1y/1y Eonia +0.4bp at -27.7bp & following levels in
ECB forward dated Eonia.
* Dec-17 unch at -0.351%
* Jan-18 unch at -0.351%
* Mar-18 unch at -0.351%
* Apr-18 +0.1bp at -0.35%
* Jun-18 unch at -0.355%
* Jul-18 unch at -0.354%
* Sep-18 unch at -0.352%
* Oct-18 unch at -0.35%

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