European Central Bank (ECB) Governing Council Member and France’s central bank governor Christian Noyer: diverging Eurozone and U.S. monetary policies could entail a risk of instability for financial markets

Market news

5 May 2015

European Central Bank (ECB) Governing Council Member and France’s central bank governor Christian Noyer: diverging Eurozone and U.S. monetary policies could entail a risk of instability for financial markets

The European Central Bank (ECB) Governing Council Member and France's central bank governor Christian Noyer said on Tuesday that diverging Eurozone and U.S. monetary policies could entail a risk of instability for financial markets.

He also said that the Britain's exit from the European Union would be "bad news" for both.

Noyer noted that the French economy is improving due to a weaker euro, accommodating monetary policy and low interest rates.

ISM non-manufacturing purchasing managers’ index rises to 57.8 in April

U.S.: ISM Non-Manufacturing, April 57.8 (forecast 56.5)

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