New York07:22

Explore the world map

EconomyEUEuro area

The ECB is expected to signal a spring cut

European money markets price a 61% chance of an April cut, up 6 points.

Event on Nov 15 · in 2 weeks

The prediction, in plain language

Slight edge

Slight edge to one side: the ECB lowers rates, but nothing is settled.

Prices imply 59% for this outcome, stable in 24h, with medium confidence.

What to anticipate: ECB press conference. A surprise there can flip this reading within hours.

This is what market prices currently imply, not a certainty. Readings change as new information arrives.

70
Signal strength
59%
Implied probability

+0 / 24h

Confidence: Medium

Sign in to follow this signal and set alerts.

Sign in
01

Data, 3-month Euribor fell 7bp; EUR/USD is down 0.4% since Monday.

02

Context, Euro-area growth is stalling and inflation has slipped below 2.5%.

03

Interpretation, Markets place the ECB ahead of the Fed in the easing cycle.

04

Uncertainty, German wage pressure remains a brake. Medium confidence only.

Bund 10Y

−9 bp

supports

EU banks

+2.1%

contradicts

Loading the latest headlines…

Install Fonlis·1/4Fonlis in one tap, like an appAdd Fonlis to your home screen or desktop: it opens straight to the live feed, without going through the browser. No app store, nothing heavy to download.
Install Fonlis·2/4On computerIn Chrome or Edge, click the install icon in the address bar, or open the ⋮ menu and choose “Install Fonlis”.
Install Fonlis·3/4On iPhone and iPadIn Safari, tap the Share button, then “Add to Home Screen”. Fonlis then behaves like a native app.
Install Fonlis·4/4On AndroidIn Chrome, open the ⋮ menu, then “Add to Home screen”. The icon lands next to your other apps.

Fonlis reads public market data alongside the news. It never promises what will happen. Nothing here is a prediction or investment advice. Markets can be wrong, and every reading changes as new information arrives.