Meet Me In Sintra And Mind The Oil Slick: Full Week Ahead Preview

Meet Me In Sintra And Mind The Oil Slick: Full Week Ahead Preview

Oh, the irony. Days after sending the euro plunging and sparking a rally in EGBs by pairing the announcement of APP wind down with data-and-state-dependent forward guidance on rates, the ECB will hold its central banking forum in Sintra from Monday to Wednesday this week. Why is that ironic? Well, because it was Mario Draghi who sparked a mini-rates tantrum last year with hawkish comments at the very same Sintra forum. That spike you see in bund yields at Sintra 2017 represented the worst s
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