The ECB will be wary of killing the market rally as it holds fire on Thursday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The European Central Bank and its president, Christine Lagarde, face another crucial test this week as they hold off on any new monetary stimulus, but try not to destroy a belief that more firepower is available.

The Frankfurt institution will likely stay put after last month's extension and enlargement of its PEPP , which climbed by 600 billion euros to 1.35 trillion euros.

Indeed, the ECB's bond buying in the final week of June fell to its slowest pace since the expansion of the program, according to data released by the ECB. That could suggest some "tapering" of PEPP in the future, especially if the economy does do better than expected. "The outlook is a little bit brighter than it was only two months ago," ECB Vice President Luis de Guindos said in a webinar organized by Goldman Sachs on July 8. He added that the most recent data points to "having perhaps a little bit more optimism with respect to the drop in the second quarter and the recovery in the third and the fourth."

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

quo vadis ECB? to inflation or a bail out of Deutsche Bank?

Yes. In the end this Lady says the Truth!

is this a rally of the final bubble ?

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Treasury yields climb, following stock-market’s cue on vaccine optimismU.S. Treasury yields rose Wednesday as equities markets rallied on reports of progress on a coronvirus vaccine from two pharmaceutical companies that raise the chances of an economic recovery from the pandemic. Gold is down on the vaccine news, but still holding above $1,800. I was expecting more of a pullback. We'll see how today goes.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

South African e-commerce is a COVID-fired market of risk and rewardLike many of her compatriots, Kubashnee Moodley made her first foray into online shopping during South Africa's coronavirus lockdown. She is not a satisfied customer. How come you never report on the farm attacks or racist hate crimes committed against white South Africans? You can thank me too ok
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »