Hi traders,

the rates are risen by the ECB to 3.50 %.
FDAX is running north, even the Bund Future.
That's not really normal, isn't it?

C U  

Hi,

I attach a copy from calendar:
"The European Central Bank hikes its rate by 25 base points to 3.50 %. This was expected already."

When it was expected already, every reaction is possible!
And this is essential too: EU Production in Construction was positiv, EU retail trade was ok, Service PMI and EU industrial producer prices also:
"http://www.futures-house.com/termine/...nWoche=49&month=12&year=2006"

Greetings  

Hi,

That the ECB hiked by 25 bp was a done deal and largely priced in. After risen European interest rates the Bunds tested the 118.80 level but broke down to the lower 118.30 area by now. Is this again business as usual? ;-))

BB