The ECB is all the time speaking an enormous sport about ‘not guiding’ however they all the time tee it up earlier than the assembly, both through public feedback or leaks. The market is pricing in 28 bps of hikes by yr finish with a 60% probability of a hike in September. There will likely be loads of information between then and now.
Vujcic:
- Eurozone development has proved extra resilient within the face of shocks
- I believe the market understands the ECB nicely
This text was written by Adam Button at investinglive.com.
