The Traderszone Network

Published in TZ Latest News 2 June, 2016 by The TZ Newswire Staff

ECB Preview: Here’s the thoughts of a few major banks

Plenty of banks out there offering client notes ahead of the ECB today 2 June 2016
These courtesy of MNI.
– majority of banks expect ECB to leave policy rates to be
left unchanged at
today’s meeting, with focus on implementation of corporate sector purchase
program (CSPP) and new LTRO-II

Large majority to agree maintaining accommodative stance, door left
open
for further stimulus i.e; 6-month APP extension & possible cuts in Refi
rate.