ABS markets keep eyes on ECB

Sam Kerr

September 04, 2017 03:30 PM

ECB Monetary committee PA DON'T USE AGAIN — (170608) -- TALLINN, June 8, 2017 (Xinhua) -- European Central Bank (ECB) President Mario Draghi (C) speaks at a press conference held after ECB governing council meeting in Tallinn, Estonia on June 8, 2017. The European Central Bank (ECB) Thursday decided here to maintain the key ECB interest rates at present levels for an extended period of time. (Xinhua/ECB website) | ECB website/Xinhua News Agency/PA Images

Participants in Europe’s asset backed securities markets will be watching the European Central Bank's meeting this week for some indication on its plans to taper quantitative easing, but most expect any movement from the bank to be gradual.

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Sam Kerr