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7 November 2014, 11:09
Francesco Sgarbossa
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The European Central Bank yesterday left interest rates unchanged, in line with expectations.
During the press conference the President Draghi played down fears of a rift within the ECB and reiterated that the Eurotower is unanimously agreed to act even in case of need,  and it is ready to use new unconventional tools.
It was also announced that the budget of the ECB rise from the current levels, about $ 2 trillion, to $ 3 trillion euro (indicating target levels of March 2012).
The single currency fell against the dollar that goes down to 1.24 points, new lows for the last two years.
Also decreased the yields on peripheral countries of the euro with the spread BTP / Bund which is worn just above 150bp.
Today's data on the labor market in the United States.

(Sourse: BNL Morning Call) 

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