Eurogroup picks Croatia's Vujcic to be next ECB VP

Newsquawk Staff · 19 Jan 2026, 18:01 UTC

Eurogroup picks Croatia's Vujcic to be next ECB VP.

What it means

The Eurogroup's decision to select Croatia's Vujcic as the next ECB Vice President could signal a shift in policy direction within the European Central Bank. Investors should watch for how Vujcic's economic perspectives align with existing ECB strategies, particularly in regards to interest rate decisions and monetary policy, as this could influence Euro dynamics and bond yields in the region.

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US Market Open, 9 Nov, 11:25 UTC · what it led with

US President Trump said it is highly unlikely the US will need to resume military action against Iran if negotiations progress, while Secretary of State Rubio said talks have been unproductive.
DXY is softer and holds around 101.85; NZD outperforms after the region’s national election result.

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Iranian President Pezeshkian says the Supreme Leader has granted the government some authority on dialogue, ISNA reports.
EUR/USD+0.1%
ECB policymakers see a December rate hike followed by a pause; New ECB staff estimates show the rise in bond yields cutting growth by a cumulative 100bps and inflation by 90bps in 2027-28 vs the September baseline, according to reports, citing sources.
EUR/USD−0.1%
ECB President Lagarde (Q&A) says policymakers believe they are in a good position to wait for incoming information. The situation they are in could have warranted a hike.
EUR/USD+0.1%

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