ECB: When going early isn't enough As expected, the ECB left their key refinancing rate, along with their deposit and lending facilities, steady at 0.05%,...
David Scutt
Scutt Partners
ECB: When going early isn't enough As expected, the ECB left their key refinancing rate, along with their deposit and lending facilities, steady at 0.05%, -0.2% and 0.3% respectively in October. In his press conference accompanying the rate decision, ECB President Mario Draghi announced that the ECB will begin to purchase covered bonds and asset-backed securities, the former from October, the latter in Q4, with the program scheduled to last two years, be inclusive of securities rated both above and below BBB- and potentially be in excess of €1trn in value. (VIEW LINK)
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David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest rate movements and has been an active trader on behalf of his employers.Over the past 5 years David has become a respected financial analyst and has built a strong following on social media with his insights into the domestic and international markets for currencies and interest rates.Web: www.scuttpartners.com.au LinkedIn: https://www.linkedin.com/pub/david-scutt/9/34a/841
David Scutt
Independent Market Strategist
Scutt Partners
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
David Scutt
Independent Market Strategist
Scutt Partners
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
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