Eurozone: Expect a huge demand for TLTRO’s final operation - Natixis

Sandeep Kanihama FXStreet Contributor

In the Eurozone, following last week confirmation by the ECB that the next TLTRO will be the last, thus analysts at Natixis expects a huge demand for this final operation.

Key Quotes

“From the short term indicators side, we will focus on the PMI surveys. We expect in the Eurozone still a slight increase as well in the manufacturing sector as in the services, to 56 (from 55.4) and 56.5 (from 55.5) respectively. Also, consumer confidence survey might improve to -5 from -6.2 in February. However, from now on, the acceleration of inflation will weigh on households' confidence. Thus this indicator may stagnate in the next months. In addition the political uncertainties regarding France and Germany elections the next months should also become a deeper cause of concern for consumers.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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