The COVID-19 situation evolves on a daily basis. With the lockdown in Italy at the weekend, economists at Danske Bank have observed a credit element added to markets, and particularly the Italian bond markets, which they believe the ECB needs to address. Key quotes “The ECB may increase the ISIN limits, but with the ‘small’ scale up to EUR30-40bn / month, it may not be needed at this stage and the ECB will call for flexible implementation.” “We believe that the ECB wants to step up its QE even before the tasked committees come up with their conclusions. The size of the scale-up is uncertain, but we think they will come in the EUR30-40bn range on Thursday.” “We have seen market-based inflation expectations dropping. The 5y5y inflation swap declined 6bp to 0.96%, a new record low, and worrying to the ECB is also the fact that the inflation option market is now pricing in a 5% probability of deflation in 5y.” 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 Silver Price Analysis: XAG/USD vulnerable below $17.00/oz, trades near 2020 lows FX Street 2 years The COVID-19 situation evolves on a daily basis. With the lockdown in Italy at the weekend, economists at Danske Bank have observed a credit element added to markets, and particularly the Italian bond markets, which they believe the ECB needs to address. Key quotes “The ECB may increase the ISIN limits, but with the ‘small’ scale up to EUR30-40bn / month, it may not be needed at this stage and the ECB will call for flexible implementation.” “We believe that the ECB wants to step up its QE even before the tasked committees come up with their conclusions. The size… 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.
