Focus on the ECB meeting on Thursday! Goldman Sachs: these 2 problems may stimulate Euro Jet

The efxnews report, the American company, Goldman Sachs (Goldman Sachs) on Tuesday (6th), said in a research report, in the upcoming European Central Bank (ECB) meeting, market investors should focus attention on whether the ECB has the following two questions, the answer.

1.ECB on Thursday (8th) officially announced the reduced scale of QE purchases:
Goldman Sachs estimates that ECB will be launched before the end of 2017, continue to keep the scale of QE purchases unchanged, but if the ECB announced the cut size of QE, some market participants speculated that ECB cutting QE monthly size of € 80 billion to 40 billion to 50 billion euros.

2.ECB has not announced a cut in QE, but to future cuts QE:

Goldman says that if it started QE suggests the future, according to Goldman Sachs estimates above, the most likely time is until the end of 2017 could start to reduce the scale of QE.

Goldman explains why forecasts ECB may need to wait until the end of 2017, will sell QE cuts, mainly because of the inflation Outlook in the euro area is still unknown chaos, the recent recovery in euro-zone inflation only slightly, such as the premature release of ECB cuts QE, it will deal a severe blow to the nascent growth in euro-zone inflation.

Goldman believes that although the European Parliament is now authorized only ECB's QE bond purchases until next March, but investors should not focus on whether the ECB will extend the QE, investors should be looking at whether the ECB could convey the "austerity" signal. But the Goldman concluded that, judging from inflation uncertainty, ECB currently is probably not enough chips would announce cuts QE bond purchases, but investors are still dealing with whether the ECB sends the message that "austerity" warning, more vigilant, and if the ECB sends the message that any possible "crunch" signal, estimated that the euro will be able to show out.