SaxoTV

Fasdal: As QE begins look out for the risk factors

343 views
March 09, 2015 bond, bond buying, bond buying programme, bond investing, bond investors, bond market, bond markets, bond portfolio, bond purchase, bond purchases, bond yield, bond yields, bondbuying, bondmarket, bonds, bonds and equties, bonds market, bonds update, bonds v equities, ecb, ecb action, ecb draghi, ecb euro, ecb inflation target, ecb meeting, ecb news, ecb policies, ecb policy, ecb president, ecb qe, ecb rate, ecb rate cut, ecb rate decision, ecb rates, ecb rates decision, equities, equities prices, equities trading, equities v bonds, equity, equity index, equity market, equity markets, equity portfolio, equity portfolios, equity rise, equity strategy, equity trading, equity us, eur, euro, euro area, euro dollar, euro zone, eurodollar, europe, europe growth, european, european central bank, european economy, european union, eurozone, eurozone crisis, eurozone economy, eurusd, fed, fed chairman, fed policy, federal, federal government, federal policy meeting, federal reserve, federal reserve rate, federal reserve rate hikes, federal rseserve, federalreserve, greece, greece bailout, greece crisis, greek, greek bailout, greek crisis, greexit, qe, qe 2015, qe taper, qe tapering, quantitative easing, saxo bank, saxo tv, tradingfloor.com, weak euro, yield, yield levels, yields, yields levels
The ECB begins its monthly 60 billion Euro QE programme this Monday. Saxo's head of fixed income, Simon Fasdal, says the market is still reacting positively to the news, as bond yields in Southern Europe move lower.

Fasdal says that riskier assets in Europe have been well supported off the back of the ECB but he warns that there are other risk factors at play. The first is Greece and the second the US as the Fed considers whether or not to impose a rate hike.

Fasdal does acknowledge that there have already been big rallies in European equities and he expects that to continue. He also says the ECB's mission is to weaken the Euro in order to help European companies.