ECB: Focus on APP buying data today – TDS

Analysts at TDS point out that the ECB releases its APP buying data for the month of January (2:45pm GMT) and will be a key economic release for today’s session.

Key Quotes

“At the October meeting, the ECB has already told us that the “composition of QE” will be re-addressed from January 2018, with more purchases to be skewed towards the private sector. So far nearly 80-85% of the purchases were made in the PSPP sector while remaining from the private sector. The upcoming release will be important to identify the new spilt between the PSPP and non-PSPP component of purchases by the ECB.”