After the European Central Bank decided not to interest rates, the yield of euro zone government bonds changed little; The yield of German 10-year government bonds rose by 1 basis point to 2.14%.German two-year bonds recovered their decline and the yield was flat at 1.95%.Traders' interest rate expectations for the European Central Bank remain stable: it is expected to cut interest rates by 127 basis points in 2025.
Deutsche Bank appointed MARCUS CHROMIK as the new CRO.The survey shows that the European Central Bank is expected to cut interest rates for the fourth time this year to provide support for the economy, and the European Central Bank is bound to cut interest rates for the fourth time this year, loosening the troubled euro zone economy with the inflation rate approaching 2%. According to the survey, all the respondents except one analyst predicted that the European Central Bank would cut the deposit interest rate by 25 basis points to 3% again on Thursday. Only JPMorgan Chase is expected to cut interest rates by more than 50 basis points, believing that the recent data show that economic growth and inflation are weakening.Vassilis, a foreign exchange strategist, quickly commented on the ECB's resolution: the euro fell to a new low because the ECB gave up the "restrictive policy" part of the statement, but this does not mean that the policy language is downright dovish. Bonds in the euro zone are in a moderate trend.
South Korea's finance ministers and Japan's finance ministers held an online meeting, and the two sides reiterated the importance of the partnership between the two countries.ECB: Most indicators show that the inflation rate will stabilize at 2%.After the European Central Bank announced the interest rate decision, EUR/USD rose 15 points to 1.0484.
Strategy guide
Strategy guide
12-14
Strategy guide
12-14
Strategy guide