Mecurius

29 May 2019

AFS Morning Comment May 29 2019

Will there be another budget spat between Italy and the EU Commission, with the latter launching a new so-called Excessive Deficit Procedure (EDP) against Italy after all? Frankly, we have now idea because Brussels moves…

Read article

01-home@2x blurred

15 May 2019

AFS Morning Comment May 15 2019

We sound like the proverbial broken record when we say that the EONIA forward curve is waaay mispriced. Does anyone believe that the ECB will be raising rates in the first half 2021 when the…

Read article

Lnd voor EMIR

26 April 2019

AFS Morning Comment April 26 2019

In the week that was risk assets have been a bit wobbly, while bonds have recouped some their late March/early April loses on generally weaker than expected global data that suggest no rebound in global…

Read article

Mecurius

10 April 2019

AFS Morning Comment April 10 2019

While we previewed today’s ECB meeting on Monday (summary: it won’t be exciting, to say the least), we have a few more things to say about what Draghi & Co are up to. As mentioned…

Read article

IMG-7671

AFS Morning Comment April 8 2019

The key risk event in the Eurozone this week is without a doubt the ECB meeting. However, do not expect the ECB to reveal the full operational details of the new TLTROs just yet. Furthermore,…

Read article

Amsterdam-blur

AFS Calendar April 6 – April 12 2019

Key events in the week of April 6 – April 12 2019 Monday April 8 • ECB’s Villeroy speaks • IMF/World Bank Annual Spring Meetings in Washington Tuesday April 9 • ECB Quarterly Bank Lending…

Read article