Breaking News Instant updates and real-time market news.

12:05
11/30/16
11/30
12:05
11/30/16
12:05

Euro$ interest rate futures read between the lines

Euro$ interest rate futures read between the lines of the surge in crude oil prices and strong data rounds that helped cement a December Fed hike and projected tightening into the future. That was largely corroborated with Fedspeak from Dallas Fed moderate Kaplan, though he was coy with the rate curve ahead. Fed's Powell skirted the policy outlook in his speech, but was very hawkish yesterday and hawk Mester is due next. The March 2017 contract is a tick lower near 98.96 (1.04% implied 3-month yield), while the deferreds are as much as 12-ticks lower out the curve.

TODAY'S FREE FLY STORIES

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.