Free Trial
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.
US EURODLR FUTURES
- Eurodollars yields unwind an earlier tilt lower, potentially spillover on ECB uncertainty, to continue reversing a large part of Friday’s post-payrolls slide and reverting to their prior trend climb higher.
- Yield increases are led by the red pack and beyond (EDZ3-U4 +8bps from Fri close) but also sizeable increases closer out, with EDZ2 +5bps and EDH3 +6bps moving nearer to recent highs.
- The higher for longer theme has seen a more parallel shift higher over the past week, with relatively little change to the 35bps of cuts priced for 2023 after prior significant unwinding of cut expectations (and with the curve continuing its recent move of pricing larger cuts in 2024 than in 2023).
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok