ECB Hawkish Repricing with Bond Selloff – Deutsche Bank
Deutsche Bank Research notes that market pricing for ECB rate hikes by December has surged, implying three hikes this year after June, as European assets face renewed energy shock sensitivity.
EURUSD
Deutsche Bank Research’s Early Morning Reid highlights a sharp repricing of ECB rate hike expectations. Market pricing now implies a chance of three hikes by December after the June meeting. This hawkish shift coincides with a bond selloff and renewed energy shock that heightens sensitivity in European assets. The analysis from Deutsche Bank underscores the impact on the Euro and broader FX markets.
Source: FXStreet Forex News