Analysts at Nomura offer their insights on Thursday’s European Central Bank (ECB) monetary policy announcements due at 1145 GMT. Key Quotes: “Policy announcements at June’s ECB meeting were surprising more in timing than in content. The ECB made some important changes to guidance on its Asset Purchase Programme (APP) and rates. With these announcements, a long period of inaction is likely; however, some uncertainty remains as to what the ECB actually meant by “through the summer” in the context of leaving rates on hold. A recent article citing “policymakers speaking to Reuters on condition of anonymity” suggested that the wording was sufficiently vague for some to argue it is consistent with no move until the 24 October 2019 meeting, while others believe it could be as soon as 25 July 2019. We continue to forecast the first 15bp hike in the deposit rate in September 2019, followed by a further 10bp hike in all policy rates in Q4 2019.” 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 Bitcoin, Ethereum, Litecoin and other coins now can be purchased via Skrill service; the market continue its upside quest FX Street 5 years Analysts at Nomura offer their insights on Thursday's European Central Bank (ECB) monetary policy announcements due at 1145 GMT. Key Quotes: "Policy announcements at June's ECB meeting were surprising more in timing than in content. The ECB made some important changes to guidance on its Asset Purchase Programme (APP) and rates. With these announcements, a long period of inaction is likely; however, some uncertainty remains as to what the ECB actually meant by "through the summer" in the context of leaving rates on hold. A recent article citing "policymakers speaking to Reuters on condition of anonymity" suggested that the… 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.
