Market Comment | Volatility receded in Europe, awaiting tomorrow’s ECB meeting
Published on Wednesday, January 18, 2017
Market Comment | Volatility receded in Europe, awaiting tomorrow’s ECB meeting
Summary
Volatility receded in Europe and stocks rose slightly, awaiting tomorrow’s ECB meeting at which we (and the market consensus) expect the ECB to remain on hold after the actions taken in December 2016. Positive earnings reports from the US offset the fall in oil prices and contributed to halting the relatively negative mood in the […]
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BBVA Research
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