Chart of the day: Rates markets are pricing...Rates markets are pricing in faster policy normalization for the BOE
With the Bank of England just a few days away, it’s always a good idea to reflect on the rates market and see what it’s pricing in.
Looking at the SONIA quarterly futures rates we can see that markets are pricing in much faster
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The current price of Quarterly IMM SONIA Futures is 94.7650 GBP — it has fallen 0.01% in the past 24 hours. Watch Quarterly IMM SONIA Futures price in more detail on the chart.
Track more important stats on the Quarterly IMM SONIA Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Quarterly IMM SONIA Futures this number is 144.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Quarterly IMM SONIA Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Quarterly IMM SONIA Futures. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Quarterly IMM SONIA Futures technicals for a more comprehensive analysis.