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Published on Friday, July 21, 2017

Market Comment | Expectations on central banks pushed up the EUR and dragged down yields

Summary

The events that took place this week moderated the hawkish tone of the central banks shown in Sintra. In line with our expectations, the ECB GC maintained the dovish stance, stressing that a very substantial degree of monetary accommodation is still needed. In the UK, inflation was weaker than expected, while the US healthcare reform […]

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market-comment_179203.pdf

English - July 21, 2017

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BR
BBVA Research BBVA Research
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