Market Comment | All eyes on the European Central Bank. ECB Preview.
Published on Monday, September 9, 2019 | Updated on Monday, September 9, 2019
Market Comment | All eyes on the European Central Bank. ECB Preview.
Sovereign bond yields rose as investors tempered their expectations that the ECB will unleash a big stimulus package this week, trimming expectations of an immediate QE.
Key points
- Key points:
- The pound appreciated driven by the growth of the U.K. economic activity in July.
- The euro gained on hopes of German fiscal stimulus and stronger-than-expected exports.
- The price of Brent crude rose after the OPEC signaled that it will continue with production cuts.
- U.S. and European stocks were steady.
Documents to download
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets