A touch of nervousness in Euro O/N Vol

Nothing too crazy but Overnight Euro Vol showing a bit of bid as Expectations for .10 Bps cut in deposit rate increasing.The play for tomorrow then would be a no cut decision.I don’t think many care about the cut, the focus is when will the new round of QE start and what if any new stimulus measures may be used to push inflation higher

Overnight Eur Volatility

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