PA ANALYSIS: Should the ECB admit defeat on QE now?
As France and other parts of the eurozone return to work after an August on the beach or in the countryside, the focus of investors turns once again to Mario Draghi and the European Central Bank.
As France and other parts of the eurozone return to work after an August on the beach or in the countryside, the focus of investors turns once again to Mario Draghi and the European Central Bank.
Janet Yellen’s Economic Club of New York speech provided a timely reminder that nobody can move markets like central bankers.
The expected 10 basis points rate cut by the European Central Bank this week would provide a “big boost” to peripheral sovereign markets such as Italy, according to Tanguy Le Saout, head of European fixed income at Pioneer Investments.
As we start 2016 there is at least one thing which is strikingly similar to the same time last year.
Sales of UCITS-qualified funds outstripped their non-UCITS counterparts by 419% in April, according to research by the European Fund and Asset Management Association.
The General Election may have dominated the headlines this week, but bond investors should be much more concerned by the bund price plunge, says Miton Asset Management’s David Jane.
Investors are set to benefit from a quantitative easing ‘second wind’ which will create opportunity in the corporate bond sector, says RBC Wealth Management’s Hakan Enokssen.
The European Central Banks quantitative easing injection should be positive for corporate bond investors, but only if they play their cards right, M&G Investments Richard Woolnough and Stefan Isaacs said.
Bank of America Merrill Lynch has downgraded its forecast for Eurozone economic growth from 0.2% to 0.1% despite Mario Draghis best efforts.
The Bank of England and European Central Bank both kept rates on hold in line with market expectations.
The European Central Bank president Mario Draghi declined to dampen down expectations of a move to full quantitative easing at the ECB's news conference today.
European Central Bank likely to set off ‘fireworks’ at its Council meeting this Thursday