MNI China Daily Summary: Thursday, March 28

MNI BRIEF: China Steel Demand Low In Q1

MNI BRIEF: China Sovereign Fund Continues To Purchase ETFs

MNI INTERVIEW: Central Bank Credibility To Be Tested In 2024

MNI BRIEF: Foreign Firms Needed For New Productive Force Drive

MNI BRIEF: China Should Address Overcapacity

Acceleration In Both Belgian and Portuguese Flash HICP

Waning Consumer Confidence Follows Downgrades To Consumption Forecasts

Unexpected Retail Sales Drop Poses Downside Risks To Q1 Growth

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI ECB Preview - ECB On Autopilot (1)

ECB

The January ECB meeting will likely be a non-event given that the GC delivered a significant easing package in December. With staff macroeconomic projections also updated at the December meeting and few additional data inputs since then, there is little for the ECB to react to for now. While it is the case that lockdown measures have been tightened across Europe, the path of Covid-19 remains inherently uncertain, making it difficult to tailor monetary policy. The ECB will take time to assess incoming data in order to gauge the impact on economic conditions of the latest Covid setback. In any case, the December PEPP expansion gives the ECB a sufficient buffer to maintain favourable financing conditions in the coming months even if economic activity is dealt a further heavy blow.

EM BulletHomepagemarkets-real-timeFixed Income BulletsBulletMarketsEmerging Markets NewsForeign Exchange Bullets

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.