Danske Bank analysts are not expecting the ECB to acknowledge the risks to the euro area economy at next week’s meeting but suggest that they do not expect to see any policy decisions yet. Key Quotes “We do not expect a liquidity operation announcement either.” “The staff projections will be instrumental to the ECB narrative but as several ECB governing council members have emphasised the importance of assessing the impact on the medium-term inflation outlook.” “We expect ECB to look through short-term weakness in the data at this stage & note that it remains ready to stimulate economy if needed. While in the near term the growth outlook remains fragile, we do not expect the ECB meeting to change the overall narrative or market sentiment.” “However, watch for a potential volatile and sharp intraday market reaction as market expectations for the meeting are more dovish than ours.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD Technical Analysis: Aussie bulls showed resilience near 2-1/2 week old ascending trend-line FX Street 4 years Danske Bank analysts are not expecting the ECB to acknowledge the risks to the euro area economy at next week's meeting but suggest that they do not expect to see any policy decisions yet. Key Quotes "We do not expect a liquidity operation announcement either." "The staff projections will be instrumental to the ECB narrative but as several ECB governing council members have emphasised the importance of assessing the impact on the medium-term inflation outlook." "We expect ECB to look through short-term weakness in the data at this stage & note that it remains ready to stimulate economy if needed.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
