ECB's de Guindos says he sees Euro zone avoiding recession and can't prevent initial surge from energy, adds ready to respond as necessary

de Guindos's comments signal a more optimistic outlook for the Eurozone, indicating that the ECB believes a recession can be avoided despite potential short-term energy shocks. This hawkish stance suggests that monetary policy may remain tight or even shift, affecting interest rate expectations and ultimately influencing both the euro's strength and fixed income markets.