ECB in Focus this Week After Failed Doha Talks – Danske Bank
Research Team at Danske Bank, suggests that there are no major data releases today.
Key Quotes
“But
financial markets will be digesting the impact of the failed oil talks
in Doha and whether this will give rise to a renewed downward trend in
the oil price that could weigh on commodity producing countries and risk
assets in general.
Markets will also be looking forward to this
week's ECB meeting on Thursday. We do not expect any policy changes but
we believe Draghi will sound dovish as inflation expectations are still
very low and the effective EUR is stronger. Specifically we expect
Draghi to re-open the door for rates cuts.”
