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Dovish taper by ECB expected fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
EU data pointing towards a stronger recovery fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Publicis [PUB.FR] +3% (sales), Deliveroo [ROO.UK] -1% (trading update). - - Speakers - BOE Q2 Bank Liabilities and Credit Conditions Surveys noted that lenders expected the availability of secured credit to increase over the next three months to end-May. Total funding volumes were expected to increase in the three months to end-May (Q2). - German Fin Min Scholz reiterated stance that govt must support businesses and households until the pandemic was over. Country could afford to finance all spending that was needed and stressed that Germany would be better off compared to other countries after the crisis. - German Leading Economic Institutes confirmed it cut its 2021 GDP growth forecast from 4.7% to 3.7% (as speculated). Raised 2022 GDP growth forecast from 2.7% to 3.9%. Cautioned that further delays in vaccine deliveries and virus mutations were the biggest downside risks. ....
+1.8% (earnings), TomTom [TOM2.NL] -13.5% (Earnings) - - - - - Speakers - ECB Economic Bulletin noted that the pandemic continued to pose serious risks to public health and to the euro area and global economies. Start of vaccination campaigns across the euro area was an important milestone in the resolution of the ongoing health crisis. Monetary stimulus remained essential to preserve favorable financing conditions over the pandemic period for all sectors of the economy - German Fin Min Scholz stated that had to make a decision in coming days whether debt brake suspension would also occur in 2022 - Italy Viva Party leader Renzi stated that Draghi was the best person for the Prime Minister position ....