Free Trial

Ciaran O'Hagan at SocGen assessed yesterday's...>

ECB
ECB: Ciaran O'Hagan at SocGen assessed yesterday's ECB Asset Purchase Programme
data and highlighted that ECB/NCBs support for Italian debt is "stronger than
ever".
- O'Hagan adds "PSPP support for France is fading, though still positive This
comes at the expense of Germany".
- He asks what might happen if the ECB tapers in 2018 and its anticipation later
this year saying "Our thinking here is very simple: countries with the biggest
purchases risk the most pain when the crutch of PSPP is tapered."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.