Detail analýzy
| 25.07.2019 / Erste Group Research |
Credit Markets Weekly | It’s the ECB’s move now Leading economic indicators have been weakening for months. Thus the manufacturing purchasing managers' index for Germany declined to the weakest level in seven years in July. However, contrary to the usual market response, credit spreads have tended to tighten up until now. The main drivers of this trend were hopes for an agreement in the US-China trade dispute and recently above all expectations that central banks will once again ease monetary policy. It is open to question whether these high investor expectations will be fulfilled either on Thursday (ECB Council meeting: 25 July) and/or on Wednesday next week (FOMC: 31 July). Special topic of the week: - OeBB-Infrastruktur: S&P affirms rating of AA+, stable |
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Základní informace
| Autor | Erste Group Research |
| Datum | 25.07.2019 |
| Jazyk |  |
| Název produktu | Credit News |
| Hlavní téma | Podnikové dluhopisy |
| Zaostřeno na ekonomiku | Eurozóna, Rakousko |
| Zaměřeno na měnu | Euro |
| Zaměřeno na sektor | - |
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