|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||39.23 - 39.32|
|52 Week Range||39.23 - 39.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The ECB (European Central Bank) made no changes to its APP (asset purchase program) at its April meeting, maintaining that its purchase rate of 30 billion euros in debt securities per month will continue until the end of September 2018 or beyond if necessary. Recent developments indicate that the ECB is looking to end the APP, and this may be a good time to do so, as economic progress is encouraging. Whereas it’s not likely the ECB stops bond purchases abruptly in September, it could announce a plan to taper off purchases by the end of the year or early next year.
The reduction to the ECB's bond-buying program will likely have a mixed impact on the bond markets of countries in the European Union.
In the ECB's (European Central Bank) October policy meeting, the ECB didn't explicitly talk about the appreciating euro.
In the ECB's (European Central Bank) October policy meeting, its laid out its plans for the QE (quantitative easing) program.
In its September 7 policy meeting, the ECB (European Central Bank) said that currency appreciation or depreciation is not part of its current mandate.
In its September 7 policy meeting, the ECB (European Central Bank) left its policy measures unchanged, leaving interest rates at 0%.
If the European economy continues to improve at the current pace, the QE program could be scaled down to 40.0 billion euros per month.
The ECB (European Central Bank) in its recent monetary policy meeting on June 8 left its main refinancing rate at 0% and the interest rate at 0.25%.
The ECB (European Central Bank) left interest rates unchanged at 0% in the rate-setting meeting that was held on Thursday, June 8.
Political risks in Europe subsided after the French elections, but the ECB is still facing Brexit negotiations and the German elections in September.
Bond yields have slipped on the latest US non-farm payroll data but also on the reduced probability of 2017 interest rate hikes by the Fed.