• ECB: 20bps rate cut coming? – TD Securities

Noticias del mercado

11 septiembre 2019

ECB: 20bps rate cut coming? – TD Securities

Analysts at TD Securities say that their base case sees a 20bps rate cut with tiering, €40bn/m of QE, and no rate hikes from ECB tomorrow until at least mid-2021.

  • “We're more comfortable with the rates view than QE, as QE will likely be a contentious decision.
  • FX: Our dovish ECB call has us looking for downside risks to EURUSD. We think spot will be more sensitive to a large QE announcement than rate cuts as much of the expected Fed/ECB policy path differential already looks priced.”

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: