European Markets with Peter Schaffrik: June 2021

By Peter Schaffrik, RBC Capital Markets, LLC
Published June 3, 2021 | 6 min watch
A monthly update on the European economy

In this edition, Peter takes a look at why expectations in the market were building for the ECB to taper its signature PEPP programme. Peter argues that we see no such move from the ECB for quite some time and elaborates on implications for markets.

Peter Schaffrik

Peter Schaffrik
Chief European Macro Strategist, RBC Capital Markets
RBC Capital Markets, LLC

Peter joined RBC in September 2010 from Dresdner Kleinwort/Commerzbank where he was the co-head of global rates strategy. At RBC, Peter first held the position of Head of European Rates Strategy and is currently our Chief European Macro Strategist, leading a team of experienced economists and strategists covering the UK and Continental Europe. Peter works closely with our other strategy teams around the globe in formulating RBC’s macroeconomic and interest rate views.

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