Bringing you live news and features since 2006 

ECB to further taper bond-buying programme

RELATED TOPICS​

Shilen Shah, Bond Strategist at Investec Wealth & Investment, comments on the ECB’s decision to slash its QE stimulus…

As expected, the ECB announced at its October press conference that it would further taper its bond buying programme from EUR60 billion a month to EUR30 billion a month from January 2018 to September 2018. Despite the announced reduction in stimulus, the Euro has weakened against the USD and is currently down 0.5 per cent on the day as the market tries to digest a gradual reduction is stimulus with the ECB’s open-ended commitment to extend the bond buying programme “beyond” September 2018 “if necessary.
 
Overall, it looks like the European Central Bank is aiming to slowly reduce the amount of stimulus its providing to the market, whilst cushioning the market’s reaction given the central bank’s concern that a stronger Euro has the potential to compress Eurozone CPI.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by