Katherine Judge and Avery Shenfeld, analysts at CIBC, explained that during 2015, when the European Central Bank launched a QE program, equity prices rose but the rally was short-lived. They see that economic indicators need to improve in order to see stocks higher. Key Quotes: “Less than a year after the ECB announced it was closing the books on QE that started in 2015, policymakers are preparing to re-start a bond-buying program. ECB President Draghi cited deteriorating economic data in Europe as resulting in a “worse and worse” outlook for the region. While QE lifted stocks when it was first announced in 2015, there likely won’t be a repeat this time around. Real GDP growth was on more solid footing at that time, but has disappointed lately” “The impact from QE on stocks in 2015 was reversed in a matter of months. Rather than a quick bounce from a QE announcement, eurozone equity gains will have to await better news from actual growth indicators.” 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 UK FCA warns of major dangers with the unregulated cryptocurrency market FX Street 4 years Katherine Judge and Avery Shenfeld, analysts at CIBC, explained that during 2015, when the European Central Bank launched a QE program, equity prices rose but the rally was short-lived. They see that economic indicators need to improve in order to see stocks higher. Key Quotes: "Less than a year after the ECB announced it was closing the books on QE that started in 2015, policymakers are preparing to re-start a bond-buying program. ECB President Draghi cited deteriorating economic data in Europe as resulting in a "worse and worse" outlook for the region. While QE lifted stocks when it… 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.
