What does ECB tapering mean for eurozone bonds?
The European Central Bank (ECB) has begun to unwind quantitative easing, reducing its bond purchases to €30bn a month from €60bn last year. The situation will be reviewed again at the end of September, with some predicting it will swiftly move to zero.
Three potential Black Swans for 2018
Global financial markets have enjoyed a sustained period of remarkable calm, but will that continue into 2018? AJ Bell’s investment director Russ Mould proposes three potential ‘Black Swan’ events that could surprise markets and taint the year ahead.
No surprises from Draghi: ECB halves asset purchases to €30bn
Bond and equity markets were left unmoved after ECB-president Mario Draghi announced on Thursday that the ECB will cut the size of its monthly asset purchases in half from January next year.
PA ANALYSIS: Will EU high yield boom survive ECB tapering?
European high yield has had a good run so far this year but can that continue as the European Central Bank turns off the quantitative easing (QE) tap?