Meeting of 10-11 June 2026 Account of the monetary policy meeting of the Governing Council of the European Central Bank
you are currently viewing:Meeting of 10-11 June 2026 Account of the monetary policy meeting of the Governing Council of the European Central BankJuly 9, 2026-Held in Frankfurt am Main1. Review of financial, economic and monetary developments and policy options-Financial market developments
The continued disruption to shipping in the Strait of Hormuz had reinforced expectations that oil prices would remain higher for longer, despite markedly lower near-term oil prices. Inflation fixings had declined from their high April readings but continued to hover above 3% for 2026 and above 2% for 2027. In tandem with oil prices, ECB rate expectations had moderated somewhat. However, markets still priced in around three interest rate hikes overall, while the median response in the ECB Survey of Monetary Analysts was an expectation of only two hikes. Although the war was weighing on growth expectations in the euro area and globally, investors' risk appetite had remained strong. A key underlying factor had been renewed optimism about AI and strong momentum in AI-related investment. As a result, euro area equity markets had recovered close to pre-war levels, and corporate and sovereign bond spreads remained narrow. Overall, financial conditions had remained broadly unchanged since April 2026 but remained tighter than before the start of the Middle East war. Source: ecb.europa.eu |
September 11, 2026--The Allianz Smart Bond ETF series is actively managed and invests in global bond markets with a focus on euro-denominated fixed and floating rate securities with investment-grade ratings and maturities of 1 to 10 years.
September 9, 2026--The VanEck Agribusiness UCITS ETF invests globally in companies operating in the agribusiness sector. The ETF comprises companies that generate at least 50% of their revenues in areas such as agrochemicals and fertilizers, seeds and plant traits, agricultural and irrigation equipment, agricultural products, aquaculture, livestock, plantation management, and trading of agricultural commodities.
September 8, 2026--The BNP Paribas Easy MSCI China A UCITS ETF invests in Chinese A-shares with large and mid-market capitalization that are listed on the Shanghai and Shenzhen stock exchanges. Exposure to mainland Chinese securities is obtained exclusively through the Stock Connect programme.
September 7, 2026--The Xtrackers Stoxx Europe 600 II UCITS ETF invests in equities of 600 companies from 17 European countries and covers a broad spectrum of sectors, including healthcare, industrials, financial services, and consumer goods. The ETF is available in both accumulating and distributing share classes.
September 4, 2026--The L&G Market Neutral Commodities UCITS ETF invests in a broad portfolio of commodities, excluding precious metals. The underlying index provides long/short exposure to a diversified portfolio of commodity futures and employs special enhancement strategies. For investors, the share class is available as a currency-hedged variant in Euro.
September 2, 2026--The Seraphim New Space UCITS ETF invests in listed companies in the commercial NewSpace industry that offer innovative and cost-effective technologies. The fund provides access to a global portfolio of high-growth NewSpace companies and enables indirect investments in private SpaceTech firms through the Seraphim Space Investment Trust.
August 27, 2026--The iShares USD EM Bond UCITS ETF invests in fixed-income, U.S. dollar-denominated bonds issued by sovereign and quasi-sovereign issuers in emerging markets. The EUR-hedged share class aims to mitigate the impact of exchange rate movements between the euro and the U.S. dollar.
August 25, 2026-US giant files to launch four defined-outcome strategies with the Irish regulator
Goldman Sachs Asset Management is preparing to launch its first defined-outcome ETFs in Europe, kicking off its regional expansion following its $2bn acquisition of US specialist Innovator Capital Management.