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20 Apr 2021

ECB: No change expected in monetary policy – UOB

The ECB is forecast to keep the monetary conditions unchanged at its event on Thursday, noted Economist at UOB Group Lee Sue Ann.

Key Quotes

“The ECB’s latest announcement – that purchases under the Pandemic Emergency Purchase Programme (PEPP) over the next quarter will be conducted at a significantly higher pace than during the first months of this year – reinforces our view that it will remain highly accommodative for longer.”

 

Apr 20, 2021

EUR/JPY recedes from new 2021 highs around 131.00

The greenback now recovers some ground lost earlier in the session and prompts a mild knee-jerk in the single currency, at the same time motivating EU
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Apr 20, 2021

S&P 500 Index extends slide into second straight day

After posting modest losses on Monday, major equity indexes in the US opened in the negative territory on Tuesday. Reflecting the negative shift in ma
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