Analysts at Nordea Markets point out that in terms of EUR rates, Mario Draghi once again showed his finesse in tackling the potential impact from a tighter monetary policy on financial markets. Key Quotes “The ECB has now signalled an end to the bond purchases by December 2018 without any big move higher in interest rates on the EUR curve. Well done, Mario.” “Another factor that has worked to contain the upside pressure on longer core bond yields in the Euro zone is the fading momentum in Euro-area PMIs.” “The eventual driver of higher longer bond yields in the Euro area (as well as in the US) will be higher core inflation. And there are good reasons to expect core inflation to pick up slowly but surely once we get on the other side of the summer.” “We see risks tilted to the upside for EUR swap rates and government bond yields, once core inflation starts to pick up during the autumn.” 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 IOTA price analysis: IOTA/USD dancing on dangerous ground at $1.00; Users can buy IOTA with cash on Bitpanda FX Street 3 years Analysts at Nordea Markets point out that in terms of EUR rates, Mario Draghi once again showed his finesse in tackling the potential impact from a tighter monetary policy on financial markets. Key Quotes "The ECB has now signalled an end to the bond purchases by December 2018 without any big move higher in interest rates on the EUR curve. Well done, Mario." "Another factor that has worked to contain the upside pressure on longer core bond yields in the Euro zone is the fading momentum in Euro-area PMIs." "The eventual driver of higher longer bond yields in the Euro… Top 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.
