Tag Archives: ECB

FI Eye-Opener: Spreads explode as growth disappoints

Markets did not stabilize yesterday, not even close, but the huge rally in core bonds only picked up steam. Curves bull-flattened further, and flight-to-safety was the name of the game.

ECB Constancio: ECB To Act ‘Swiftly’ on Too-Low Inflation If Needed

European Central Bank Vice-President Vitor Constancio said Thursday that the Eurozone was sitting in a “creditless recovery” with very low inflation but

FI Eye-Opener: Another bull run

Bonds continued to rally hard yesterday on both sides of the Atlantic, while curves bull-flattened further. The German 10-year yield plunged by a further 5bp to around 1.37%,

ECB Weidmann: Open to Act if Needed But Naturally Await Data

The European Central Bank is in principle willing to take action, but whether it takes any depends on the latest data, ECB Governing Council member Jens Weidmann said Wednesday.

ECB Mersch: Just What The ECB Will Do Is A Decision Yet To Be Made

What the European Central Bank will do at its next monetary policy meeting is a decision yet to be made, ECB Executive Board member Yves Mersch said Wednesday.

FI Eye-Opener: Even the Bundesbank sees the need to ease furthe

Bonds rallied in earnest yesterday on both sides of the Atlantic on the back of disappointing US retail sales and reports that the Bundesbank would back more ECB easing.

Nomura: EUR/USD Analysis

Moving beyond the very big-picture issue of the perception of the euro as a harder or softer currency, what are the key issues for the next three-six months? We think there will be three main driving forces for EURUSD:

EUR: ECB Rhetoric Vs Capital Flows

The EUR has been capped, mainly on the back of ECB members’ supporting the notion of more aggressive policy action to become more likely as soon as at next month’s central bank meeting.

FI Eye-Opener: No signs of any crisis in equity markets

Bond yields rose yesterday on both sides of the Atlantic, more so in the US than in the Euro zone. The US 10-year yield jumped by 4bp, while the German 10-year yield climbed a more subdued 1bp.

FI Eye-Opener: Semi-core meltdown?

Bond yields edged higher on Friday on both sides of the Atlantic, with the ultra-long end of the curve seeing the biggest pressure in the aftermath of a weak 30-year auction in the US last Thursday.

FX: not there yet

Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…

FI Eye-Opener: Say hello to negative rates

The dovish message delivered by Mr Draghi pushed down rates in the Euro area. The German 10-year Bund yield edged lower to 1.45%. Short rates came down substantially.