Danske Research discusses its expectations around ECB policy meeting.
"This week’s ECB meeting is Draghi’s final meeting before leaving office on 31 October. Despite lower inflation expectations, we do not expect any new policy measures/changes as the September package is yet to be implemented. Focus will be on the recent public disagreement in the governing council as well as tiering implementation. With no change in policies at the ECB meeting, we do not expect a change in current market dynamics coming from the ECB, but rather the global environment. Market reactions are therefore expected to be relatively muted next week, albeit we acknowledge a bit of upside to EUR/USD on the day," Danske adds.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.