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21 Oct 2014
Markets feel ECB is not doing enough - Danske
FXStreet (Łódź) - Morten Helt, Senior Analyst from Danske observes that ECB's bond-buying program, which kicked off last week, didn't help to lift sentiment much.
Key quotes
"The ECB has now launched the covered bond programme as it started buying bonds yesterday."
"The purchases will be announced on a weekly basis going forward."
"It is welcomed news that the ECB measures are now being implemented but yesterday’s buying did not boost confidence in the markets."
"Rather, the sentiment remains a bit soft as the general feeling is that the ECB is not doing enough and is too complacent about the risk of a prolonged period of low inflation."
Key quotes
"The ECB has now launched the covered bond programme as it started buying bonds yesterday."
"The purchases will be announced on a weekly basis going forward."
"It is welcomed news that the ECB measures are now being implemented but yesterday’s buying did not boost confidence in the markets."
"Rather, the sentiment remains a bit soft as the general feeling is that the ECB is not doing enough and is too complacent about the risk of a prolonged period of low inflation."