FXstreet.com (Barcelona) - The London Capital Economics team feel that the ECB is unlikely to announce more major policy measures following October’s Governing Council after the bank was lauded as being “as mighty as the Fed” after unleashing a policy ‘bazooka’ in the form of OMT’s.
ECB President Draghi may offer some additional colour as to what the specific circumstances are required to trigger OMT’s, but he is unlikely to provide any clear indication of the likely scale of purchases with Spain potential requiring assistance imminently.
ECB President Draghi may offer some additional colour as to what the specific circumstances are required to trigger OMT’s, but he is unlikely to provide any clear indication of the likely scale of purchases with Spain potential requiring assistance imminently.
