- Analytics
- News and Tools
- Market News
- ECB unlikely to provide much in terms of steps forward – TDS
ECB unlikely to provide much in terms of steps forward – TDS
According to analysts at TD Securities, next week's meeting comes sandwiched between two important ECB meetings, and as such, is unlikely to provide much in terms of steps forward.
“After announcing new TLTROs in March, we expect the ECB to defer announcing details until June. The Governing Council likely wants time to observe any potential rebound in euro area growth before committing to the details ahead of the September launch. They have time on their side, and on that front, we remain cautiously optimistic. “Macroeconomic data has started to turn a corner since March, with data surprises on hard data and surveys now in positive territory, while inflation surprises continue to linger around zero. The ECB will not provide updated forecasts but recent data is likely to colour their tone.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
