ECB
Macro Views | 8 Feb 16
Growth fears push investors back to old safe havens
The much-touted wall of worry that investors have been climbing in recent months seems once more to be winning.
Macro Views | 3 Dec 15
Decoding the ECB ‘disappointment’
ECB President Mario Draghi disappointed markets on Thursday. While the Bank delivered a 10 basis point cut to the deposit rate to an historic -0.3%, and extended the deadline of its asset purchase programme by six months, it kept the main refinancing and marginal lending rates steady at 5 and 30 basis points respectively.
Decoding the ECB ‘disappointment’
European Central Bank president Mario Draghi disappointed markets on Thursday. While the bank delivered a 10 basis point cut to the deposit rate to an historic -0.3%, and extended the deadline of its asset purchase programme by six months, it kept the main refinancing and marginal lending rates steady at five and 30 basis points respectively.
ANALYSIS: Central bank moves prompt high-yield rethink
S&P last week said 2015 will see the highest number of defaults since 2009, and so with the end of an era of very cheap money in sight, should bond investors be worried?
QE will show the world Europe has
BlackRock’s head of European fixed income has said quantitative easing in the eurozone will help to stabilise the region as his team prepares for growth in the second part of the year.