- Negative rates and QE forever?
- Euro-zone Flash PMIs (July)
- ECB reinforces commitment to keep rates low
- Delta variant won’t trigger fresh lockdowns
- Spare capacity in labour market mutes wage pressures
- Strong rebound and temporary rise in inflation
- New guidance will set the bar higher for rate hikes
- Euro-zone Industrial Production (May)
- Investors’ ECB rate hike expectations look premature
- ECB’s new strategy consistent with looser for longer
- ECB’s new target marks death of Bundesbank tradition
- Activity taking off as hospitality reopens
- German Industrial Production (May)
- Euro-zone Retail Sales (May)
- Euro-zone Final PMIs (June)
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