REUTERS POLL : ECB WILL CUT THE DEPOSIT RATE TO -0.60% IN QUARTER 1 2020. - Kedai Saham
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Friday, October 18, 2019

REUTERS POLL : ECB WILL CUT THE DEPOSIT RATE TO -0.60% IN QUARTER 1 2020.

REUTERS POLL : ECB WILL CUT THE DEPOSIT RATE TO -0.60% IN QUARTER 1 2020.

Key Notes :

- ECB will cut the deposit facility rate to -0.60% in Q1 2020. 

- ECB to end its latest asset purchase programme within 2-5 years -economists.

- A 3-month forecast for EUR/USD is 1.0700 – 12-month forecast is 1.1200.

- Euro zone inflation seen at 1.2% in 2019, 2020 (vs 1.3% in 2019, 2020 in sept poll).

(kedaitrader.com)

Impact : Medium
Sentiment : Bad for Euro

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