RANsquawk

Blog

  • Unanimous expectations look for the ECB to leave its three key rates unchanged
  • Not much in the way of fireworks expected given last month’s policy adjustments
  • Draghi likely to be mindful of trade tensions and grilled on timing of rate lift-off  

BACKGROUND

PREVIOUS MEETING: Last time around, the ECB announced a reduction in monthly sovereign bond purchases to EUR 15bln/month, through the end of 2018 when it will end (current EUR 30bln/month...

Key Events

Sunday: Turkish General Election

Monday: German IFO

Tuesday: N/A

Wednesday: BoE Governor Carney speaks, US Durable Goods, Trade Balance

Thursday: RBNZ Rate Decision, German CPI (Prelim), US GDP (Final), EU Summit

Friday: Japan Labour Market, German Labour Market, UK GDP (Final), EZ CPI, US PCE, Canadian GDP (monthly)  

Asia equity markets begin the week on the front-foot as the region reacts to the US-China "Phase 1" trade deal, wit… https://t.co/lJVaKJy53Z