Technical Analysis

ECB will deliver a placeholder 50bp hike on Thurs – Barclays

Barclays Research discusses its expectations for this week’s ECB polcy meeting on Thursday.

We expect the ECB to hike by 50bp this week,
reducing the APP book via zero reinvestments of maturing private
securities and scaled down public securities reinvestments,” Barclays

A 50bp hike in
March is not a foregone conclusion, in our view. The forward guidance
will likely remain hawkish, but still data and meeting dependent,
” Barclays adds.

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