OTCex Group constantly develops and maintains many integrated pricing systems in order to evaluate the most complex and often less liquid financial instruments. Bolstered by this work, we are able to offer our clients higher value-added strategies for innovation.

OTCex Group is capable of responding to the sort of problems seen in equity derivatives, interest rate swaps, govies, swaptions, inflation, etc.

19th July 2018

Interest rate

The Eonia settled yesterday at -0.366.

  • June inflation in the eurozone was confirmed at +2.0% YoY. In contrast, the downward revision of core inflation (to +0.9% from +1.0%) should put a damper on the ECB’s optimism.
  • The Fed, of course, does not face the same problem. Everything seems to be going well, except that the Beige Book, released yesterday, tells us that the Fed is finally beginning to worry about the trade tariffs imposed by the Trump administration.
  • In data publications today, there will be more figures from the US, with the Leading Indicator inJune and the Philadelphia Fed’s Manufacturing Index in July.
  • In sovereign debt auctions today, there will only long dates with Spain issuing on 2023, 2026, 2028 and 2033 and France on 2021 and 2024.


Weekly letter HPC 16th July 2018