News Headline Summary

Money market rates continue to be well supported as market participants digest earlier statement from the ECB on 3y LTRO redemptions...

Update details:

- EONIA curve continues to steepen aggressively as markets price in quicker than expected removal of excess liquidity.
- Risk on tone is also evident in USD swaps market.
- Spot gold looking to make a test on the 200DMA to the downside at USD 1663.13

Print 13:14, 25 Jan 2013 - Market Analysis - Source: RANsquawk