Nick Kounis, head of financial markets research at ABN AMRO, suggests that an extension of the current TLTRO programme has been part of their base case for the ECB in past few months, mainly based on the view that commercial banks will find it difficult to fully refinance the TLTRO funds in private sector debt markets. Key Quotes “Given the sharp slowdown in eurozone economic growth, the prospect of shrinking excess liquidity (which would occur from June 2020) also seems less desirable, and if anything the prospect of a fresh TLTRO has become more likely in our view, as the ECB seeks to keep financial conditions from tightening. However, recent commentary from the ECB suggests that an announcement may take some time to materialise.” “As such, a June decision on TLTRO looks more likely now than a March announcement.” 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 ECB’s Weidmann: Economic weakness ‘a bit more protracted’ than initially thought FX Street 3 years Nick Kounis, head of financial markets research at ABN AMRO, suggests that an extension of the current TLTRO programme has been part of their base case for the ECB in past few months, mainly based on the view that commercial banks will find it difficult to fully refinance the TLTRO funds in private sector debt markets. Key Quotes "Given the sharp slowdown in eurozone economic growth, the prospect of shrinking excess liquidity (which would occur from June 2020) also seems less desirable, and if anything the prospect of a fresh TLTRO has become more likely in our view, as 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.
