Kornelius Purps Quotes

The ZEW indicator is at levels which previously have marked a high, and discussion will now start on whether the ECB will hike rates earlier than in March. This will put the front-end under pressure.

- Kornelius Purps

Tags

Indicator | Levels | Previously | Marked | High |

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In the near term, the gilt market will react to any economic data release that helps shape investors' BOE view. The annual growth figure was lower than expected, showing continuation of declining growth. - Kornelius Purps

We had positive inflation data out of Europe, and the U.S. as well. It's the starting point for yields to come down again. - Kornelius Purps

The ECB has signaled that if there was any risk inflation expectations would run away, they would contain them. With this central bank rate-hike cycle, it may lead to a flat yield curve by April. - Kornelius Purps