MNI BRIEF: BOJ Tweaks Economic Assessment, Notes Some Weakness

MNI BRIEF: RBA Holds, Drops Future Cash Rate Hike Language

BOJ MUST PAY ATTENTION TO ECONOMY, PRICE MOVES

MNI: PBOC Drains Net CNY5 Bln Via OMO Tues; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0985 Tues; -4.47% Y/Y

CHINA PBOC INJECTS CNY5 BILLION VIA 7-DAY REVERSE REPOS TUES

Indonesian Sovereign Debt Steady, BI Rate Decision Wednesday

Bond Supply Calendar: EU, IT Syndications; UK, Finland Due Tue

EZ/UK T-Bill Calendar: 6-Month ESM-Bill Auction on Tuesday

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

### POV: No major policy developments are.......>

ECB
ECB: ### POV: No major policy developments are likely at this week's ECB
meeting. Focus will be on the language around the economic outlook and
specifically underlying inflation given Draghi's previously upbeat assessment of
price pressures. The  market will be looking for any clarity on reinvestment
policy and the capital key.
- Hawkish surprise: ECB gives formal announcement of end to the APP. Draghi
reiterates previous statement regarding 'vigorous pickup' in underlying
inflation and hints at policy rate tightening in 2019.
- Neutral: No change to the economic assessment since the September meeting, no
formal announcement on APP and no discussion of reinvestment policy. Draghi does
not restate previous comments on inflation and avoids discussion of Italian
political ructions.
- Dovish surprise: Rather than wait for the next batch of staff macroeconomic
projections, the ECB indicates that risks to the economic outlook have tilted to
the downside and that underlying inflation is relatively subdued. Highlights
risks posed by Italian political situation.
MarketsFixed Income BulletsForeign Exchange Bullets
MarketsFixed Income BulletsForeign 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.