Euro Overnight Index Average, popularly known as EONIA steepened after US election. Back in September, EONIA was pricing the ECB rate to remain below zero till 2022, but in December it is pricing a zero rate until 2020.
Previously the forward was pricing another rate cut by 2019, now it suggests the next move likely to be a hike than a cut.


MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns
China Holds Loan Prime Rates Steady in January as Market Expectations Align
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure
South Korea Vows Action to Stabilize Won as Currency Weakens Despite Strong Fundamentals
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing




