EUR to come under pressure if the Eurosystem withdraws as a buyer of government bonds – Commerzbank
26.10.2023, 08:47

EUR to come under pressure if the Eurosystem withdraws as a buyer of government bonds – Commerzbank

The ECB holds its regular monetary policy meeting today. The actual rate decision is unlikely to provide much of a surprise, economists at Commerzbank report.

ECB widely expected to keep rates on hold

All 51 economists polled by Bloomberg – just like our economists – expect unchanged rates.

There were some officials who were considering an early end to the PEPP reinvestments – at present, this is projected for late 2024. At first glance, it might not make that much sense why this would be relevant for the Euro. However, concerns regarding national finances have been on the rise globally. If the Eurosystem increasingly withdraws as a buyer of government bonds, that is likely to intensify the problems that would affect the EUR. In view of these issues, the ECB will probably want to avoid a premature decision.

There is a lot to suggest that the ECB meeting will be much quieter than was the case over the past months. That does not mean though that individual statements at the press conference will not cause increased volatility, as the ECB provided some surprises every so often over the past months that came unexpected to most market participants.

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik