Market Comment | Oil price decline as main driver in markets ahead of the ECB meeting
Published on Wednesday, June 7, 2017 | Updated on Wednesday, June 7, 2017
Market Comment | Oil price decline as main driver in markets ahead of the ECB meeting
Summary
Calm in financial markets ahead of tomorrow’s key events (ECB meeting, UK elections and former FBI Director’s testimony) despite the corporate transactions in the Spanish banking sector. The sharp decline in oil prices was the main driver in markets; it hampered risk assets, curbing the early positive mood (once US oil inventories were released). […]
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