Thursday, January 22, 2015

ECB QE

As widely expected and just a bit above yesterday's trial balloon leak, the ECB will launch or rather "Expand" asset purchases to $60 Billion a month starting with Agency Debt in March. The program is scheduled for 16 months (Sept 2016) which puts it right at the market consensus of 1 trn Euro (1.06 trn).

So far this is the market's reaction or at least the SPX's futures/ ES.


No comments: