Daily Alert: Thursday 7th March 2019

Mark NugentDaily Alert, March 2019

Daily Alert: Thursday 7th March 2019

As I alluded to last night, The ECB has established a new TLTRO – a form of QE. The ECB has also changed its narrative from no hikes before the summer to no hikes in 2019. They really could not have been more dovish. The EUR drops and Euro equities rise.

UBS adds to the voices predicting two rate cuts this year in Australia. That’s looking gloomy.

No breakthrough in Brexit….

It’s a funny time just now. There’s a lot of waiting and watching going on. Keep your powder dry.

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