Tag Archives: ECB
FX: price matters
Inflation is this week’s theme: May HICP and ECB’s revisions are key for EUR. The Market is sceptical about higher Fed funds rate projections, but a pickup in wage growth would cause repricing…
The Week Ahead in FX
In the week ahead, investors will be looking to Friday’s U.S. nonfarm payrolls report for May for further indications on the strength of the labor market,
Weekly Report
Markets have priced in rate cuts Looking forward the key event will be the European central bank policy meeting.
EUR: How Could The ECB Surprise Next Week?
Going into the ECB meeting Citi economists and the market are expecting a 10-15bp cut in both main refi and deposit rates.
EUR: Managing Risk Going Into The ECB Meeting
Next week’s ECB decision, press conference and inflation projections are all key for the EUR’s outlook.
FI Eye-Opener: Bonds still in demand for a while
Core bonds continued to rally hard on Wednesday, and the rally initially continued yesterday, before yields rebounded. The US 10-year yield touched 2.40% yesterday, before rebounding to around 2.47% currently.
EUR/USD Into ECB June Meeting: Next Week Range & Outlook
The following are EUR/USD range and and bias for next week as provided by Bank of Tokyo-Mitsubishi UFJ, Ltd (BTMU).
EUR: How To Position If ECB Goes Negative On Depo Rates Next Week?
The prevailing market view seems to be that the ECB will cut the main refi and deposit rates and will introduce additional liquidity measures – e.g. suspend the sterilization of SMP – next week, notes CitiFX.
FI Eye-Opener: Equity markets continue to party
Core bond yields initially climbed higher yesterday, but more dovish ECB comments and violence in Ukraine coupled with rumours that Russian forces would have crossed the border spurred demand for bonds again.
ECB Draghi: Have Necessary Tools To Deliver Mandate
European Central Bank President Mario Draghi said Tuesday that the ECB has sufficient tools to deliver its price stability mandate of just below two percent.
FI Eye-Opener: Post-election rally in the periphery
Longer German bond yields edged slightly higher yesterday and the curve steepened, but trading volumes were very subdued due to the US and UK holidays.
ECB Draghi: Must Be Alert To EMU Deflation Risks
European Central Bank President Mario Draghi said Monday that the Bank must be alert to negative price spirals in the Eurozone and conceded that there was a risk of deflation in the currency area under certain scenarios.