Stock trading in Asian markets was choppy after the ECB decided on Thursday to step up monetary policy measures to boost inflation and growth in the Eurozone. DW spoke with Commerzbank chief analyst for Asia, Hao Zhou.
After previously sparking a mini tantrum in financial markets, the ECB has tried to play a balancing act, emphasizing improved growth while tempering expectations to avoid triggering serious market volatility.
ECB chief Mario Draghi is expected to highlight the euro area's strengthening economy while underlining the need for caution as the bank inches toward ending its stimulus. But interest rates will not rise anytime soon.
Germany's benchmark 10-year bond yield has made its biggest weekly jump since December 2015. Borrowing costs across the eurozone and beyond also rose as investors prepare for an end to the period of easy monetary policy.
The European Central Bank (ECB) has indicated it won't cut interest rates any further as the eurozone economy is improving. But it will continue to pump more stimulus into the bloc amid subdued inflation.
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