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15 Apr 2015
Expect a dovish tone from the ECB today – Danske Bank
FXStreet (Edinburgh) - According to Senior Analyst at Danske Bank Signe Roed-Frederiksen, the ECB could use a dovish tone in today’s meeting.
Key Quotes
“We do not foresee new signals at today’s ECB meeting and we expect ECB president Mario Draghi to continue to adopt a dovish stance”.
“This will not have much market impact in our view, as yields are already very low across the curve”.
“We look for Draghi to reiterate that risks to the economic outlook remain on the downside and that the ECB intends to carry out QE purchases until the end of September 2016”.
“Draghi will likely get questions on the issue of whether there are enough bonds to buy and whether the ECB is creating distortions in bond markets”.
Key Quotes
“We do not foresee new signals at today’s ECB meeting and we expect ECB president Mario Draghi to continue to adopt a dovish stance”.
“This will not have much market impact in our view, as yields are already very low across the curve”.
“We look for Draghi to reiterate that risks to the economic outlook remain on the downside and that the ECB intends to carry out QE purchases until the end of September 2016”.
“Draghi will likely get questions on the issue of whether there are enough bonds to buy and whether the ECB is creating distortions in bond markets”.