Markets

If the US is slowing down, Europe is headed for ‘an abrupt stop’

The ECB’s Mario Draghi signalled any rate rises might be delayed after saying he sees “persistent deterioration of external demand,” in the economy. “There is probably a little more ECB dovishness to be priced in yet,” says Neil Wilson at Markets.com The Euro Stoxx 50, France’s CAC and the Dax […]
If the US is slowing down, Europe is headed for ‘an abrupt stop’
Markets

PIMCO: Blue-chip stocks may be next on the ECB’s shopping list

Even with rate cuts, additional asset purchases and new targeted longer-term refinancing operations (TLTRO), the ECB monetary policy “Bazooka” wasn’t enough to lift risk assets overnight. While the amount of policy easing provided by the ECB beat the vast majority of analysts forecasts, it was the admission from ECB president […]
PIMCO: Blue-chip stocks may be next on the ECB’s shopping list