While markets were expecting a figure of around 148.2 billion euros, ECB decided to put is targeted LTRO at €129.8 billion, following September amount of €82.6 billion, when the temporary programme began.
Loans will be made at the Eurozone refinancing interest rate plus 10 basis points, maturing in September 2018. The value of the loans will be determined by demand from commercial banks.
After the data was released, euro initially edged down few points but managed to rebound from 1.2410 level and is currently being traded slightly above 1.2430 level. Later today, in the US session, Retail Sales and Unemployment Claims figures are scheduled for a release.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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