Eurozone money markets no longer fully pricing a 10 bps ECB rate hike in 2019

The latest headlines from ECB Watch cites that the Eurozone money markets are no longer fully pricing in a 10 basis point rate hike from the ECB next year.

Meanwhile, the money market futures dated to ECB’s Dec 2019 meeting now price only a 95% chance of rate hike form 100 % on Monday.