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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (17174)10/18/2017 12:41:37 PM
From: Les H  Read Replies (1) | Respond to of 48786
 
ECB set for longer, slower taper to keep a lid on euro
QE could be scaled back from €60bn a month to €20bn, but extended until late 2018

ft.com

ECB will essentially cover Eurozone fiscal deficits, but nothing more. BOJ is now acting as sole buyer of last resort.

The US may also have to borrow approximately 500 billion dollars between now and early December. We shall see whether it is real net borrowing and if it has any effect.