ETF Securities – Limited prospect for Eurozone bond gains amid political uncertainty
Highlights
- The rise of populism in the Eurozone could weigh on the ECB’s Staff forecasts and force the ECB to extend its asset purchase programme (APP) beyond March 2017 at its December meeting.
- Countries with the highest level of political uncertainty – France, Austria and Italy – have been hit the strongest by the global bond rout since September.
- We believe the ECB could ultimately opt for yield-targeting if political uncertainty markedly alters the financial conditions in the Eurozone.
For more information contact:
ETF Securities Research team
ETF Securities (UK) Limited
T +44 (0) 207 448 4336
E info@etfsecurities.com
Important Information
The analyses in the above tables are purely for information purposes. They do not reflect the performance of any ETF Securities’ products . The futures and roll returns are not necessarily investable.
General
This communication has been provided by ETF Securities (UK) Limited (“ETFS UK”) which is authorised and regulated by the United Kingdom Financial Conduct Authority (the “FCA”).
This communication is only targeted at qualified or professional investors
