News Headline Summary
Short sterling strip trades down 1-3 ticks following the earlier quarterly inflation report from the Bank of England; as a reminder King said that the MPC need to think about how to cope with rate normalization...
... that there are limits to what monetary policy can do, and the BoE sees inflation remaining above 2% for 2 years.
- The front month Mar'13 contract trades lower by 1 tick at 99.48 last.
- Downside in gilts also adds to downside in short-sterling prices, with moves in UK fixed income largely driven by the comment that there are limits to what monetary policy can do.
12:51, 13 Feb 2013 -
10:35, 14 Feb 2013
UK DMO sells GBP 4bln 1.25% 2018 Gilt, b/c 1.83, yield tail 0.2bps, yield 1.227%
10:14, 14 Feb 2013
As a reminder a full preview for the 2018 UK gilt auction is available in the research section of the website
10:02, 14 Feb 2013
3-month Euribor Interest rate fixes at 0.226% vs. Prev. 0.226%
09:46, 14 Feb 2013
Euribor options update: Sep-13 99.75/875 call spread, buyer of 70k at 3
09:33, 14 Feb 2013
3-month Euribor fix due in 30-minutes, expected at 0.226% (Prev. 0.226%)
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