ECB's interest rate decision, coming up!

Posted on by Leave a comment

ecb party

Party is coming up!? 🙂 Just kidding, I am not expecting any changes in the ECB’s monetary policy today. The main rate, decision coming up at 11:45 h (GMT), should remain at 0,05%. In that case, the market could stay steady and calm. But, we could see some action and market moves during the Press Conference at 12:30 h (GMT). Mr. Draghi could ‘drop’ something!? Market players expect dovish Draghi, mostly because of possible lower economic projections from the Central Bank. If Mr.Dragi would be dovish about that, the euro could go lower. Hawkihsh Mr. Draghi could boost euro up, but there is not such expectations in the market. As far as I can see, the market could remain quite calm today, waiting for tomorrow’s NFP data. Or, we could see some protester from feminist group Femen again and the real party could begin. Toples one this time!? 🙂

  • 11:45 h (GMT) – ECB, Interest rate decision!!!
  • 12:30 h (GMT) – ECB, Moneraty policy statement and press conference!!!
tagged with

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s