Tag Archives: ECB

Risks skewed to strength around ECB

EUR: Risks skewed to strength around ECB The ECB is widely expected to cut the refi rate by 25b bps at its May meeting.

EUR support despite ECB cut looming in the horizon

In Italy Prime Minister Enrico Letta yesterday presented the new government’s programme and it does appear to be a shift towards less fiscal austerity.

The Market Pulse

For the ECB, we think that the refi-rate will be cut by 25 basis points to 0.50%, while also some other measures aimed at repairing the transmission mechanism might be announced.

Pre-ECB: Pressure increases to do more

We expect the following outcome to the ECB’s May meeting: 1. An accommodative ECB monetary policy stance

ECB preview: No rate cut

Markets have once again started pricing in some risk of a rate cut and many analysts changed their view after last week’s numbers.

Markets likely to look past Q1 US GDP rebound There is little sense of panic following the Bank of Japan outlook report where the median CPI forecast for FY15 (end March 2016) was +1.9%, perhaps a touch below some had expected.

FX Daily

Markets overnight At the Bank of Japan (BoJ) meeting that ended early this morning the BoJ kept the pledge to double the monetary base in two years.

J. Asmussen: Interest rate cut would not be effective

European Central Bank Executive Board member Joerg Asmussen said an interest rate cut by the ECB would not be effective to euro-area.

ECB: a rate cut by default

Although it says it is thinking “360 degrees” on the unconventional measures, the ECB currently looks powerless to put through new measures able to restore transmission channels for its monetary policy and

ECB easing in the pipeline, will it be enough?

As part of the most important changes to the introductory statement, the ECB signalled downside risks to the recovery expected in H213,

Big Thursday – Central banks guide the day

BOJ DELIVERS. As expected the BOJ kept previous promises this morning by setting a time horizon of two years for achieving the inflation target of 2%,

ECB and BoE on tap – can anything contain the sterling freefall?

Bank of Japan Bank of Japan meeting overnight produced no surprises as expected. There was perhaps a bit more activity than expected as one BoJ member, Sayuri Shirai,