by Ryan Littlestone | April 11th, 2018, 10:14:01 | Central Banks, ECB
Mario Draghi has the chance to pour more cold water on yesterday’s comments from Ewald Nowotny Yesterday, ECB member Ewald Nowotny dropped one of his legendary tape bombs on us by talking about possible rate moves after the ECB stops QE. Although he kept things...
by Ryan Littlestone | March 8th, 2018, 13:45:48 | Central Banks, ECB
Press conference of the March 2018 ECB meeting with Mario Draghi We still kept our message that we are prepared to run QE past the end date if needed and that we will continue to re-invest There wasn’t much discussion about other possible changes Policy will...
by Ryan Littlestone | February 5th, 2018, 13:48:46 | Central Banks, ECB
The ECB is out with a paper analysing the new US tax changes A research paper from the ECB discusses the new US tax reforms and their effects on both the US and EU economies. The tax burden on US corporate income will fall significantly to a level close to that in a...
by Ryan Littlestone | January 25th, 2018, 14:25:57 | Technical Analysis
The big focus was on what Dragi would say about the moves in the euro. He shrugged it off and the euro has flown In the preview I wrote that there was really only one line that could help put the skids on the euro rally; His only real argument today is to fall back on...
by Ryan Littlestone | January 25th, 2018, 13:56:18 | Central Banks, ECB
Q&A time at the ECB presser 25 January 2018 Second reason is heightened market sensitiviity to perceived ECB changes in communications Third is use of language in discussing FX developments doesn’t reflect agreed terms of reference (Eh?) Some ECB members...