Using €STRWatch, clients will be able to analyse their expectations regarding the impact of ECB political decisions in upcoming meetings, providing insight into where CME Group €STR Futures Prices could stabilize if their expectations prevail. Given the high correlation between the of the ECB deposit facility rate and the €STR rate, the tool takes into account the differential between these rates to project the €STR rates in the future.
“The recent change in European interest rate policy has placed even greater emphasis on the importance of risk management and the need for comprehensive data to understand what the market is pricing in €STR contracts,” he said.
€STRWatch is available for use before the next ECB monetary policy meeting scheduled for
For more information on €STR Watch, please visit https://www.cmegroup.com/estrwatch. To learn about the underlying methodology, visit https://www.cmegroup.com/estrwatch-methodology.
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