[Commerzbank: ECB Rate Hike Expectations Likely to Fade] Rainer Guntermann of Commerzbank stated in a report that the current downward adjustment in ECB rate expectations appears to be losing momentum. The rate strategist noted that the official guidance in July was ambiguous, and the ECB has not ruled out the possibility of further rate hikes. He mentioned that for front-end bond yields in the eurozone to decline, it seems to require a more significant drop in oil prices. According to data from the London Stock Exchange Group, the currency market currently reflects expectations of a 17 basis point rate hike by the ECB in September and a 25 basis point hike by the end of the year. Guntermann said: 'In the coming days, as numerous ECB officials deliver speeches and the minutes of the June meeting are released, more details will emerge.' (Sina Finance)