• ECB will continue to buy assets at current rates until the end of March 2017

Market news

8 December 2016

ECB will continue to buy assets at current rates until the end of March 2017

  • until April 2017 the purchase will continue at 60 billion euros

  • we expect that rates will remain at current or lower levels for an extended period

  • we can increase the amount or duration of the QE program in the event of deterioration in prospects

  • some parameters of asset purchase program will be changed

  • the ECB will announce a change in the parameters of the purchase of assets at the press conference

Canada: Housing Starts, November 184 (forecast 191.2)
ECB holds rates. EUR/USD up 90 pips so far
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