Equity strategists hold steady as ECB signals end of QE

Equity derivatives strategists are keeping their cool and see no need to switch strategies after the European Central Bank on Thursday held rates and declared December as the month quantitative easing would end.

  • By Costas Mourselas
  • 14 Jun 2018

The blue chip Euro Stoxx 50 index had rallied 1.6% after the news as of 4.30pm on Thursday. Implied volatility on the index was down 1.8 during the day, hitting 11. 

“This leaves SX5E [Euro Stoxx 50] implieds now effectively back on their long-run lows,” said Kieran Diamond, ...

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