Market Comment | The ECB hits markets in the final part of the week

Summary

The ECB caused turmoil in European markets at the end of the week as the deployed measures exceeded the market’s expectations. In terms of growth, concerns remained: the National People’s Congress lowered China’s growth target and announced liquidity measures. Also the ECB’s EZ GDP growth forecast was revised down following the OECD's cut in the global growth outlook.

Geographies

Topics

Tags