ECB says conditions in place for gradual inflation pick-up supported by ECB policy, recovery

Market news

6 July 2017

ECB says conditions in place for gradual inflation pick-up supported by ECB policy, recovery

Easing bias on app could be reviewed if confidence in inflation outlook improved: minutes of jun 8 meet
Rate setters discussed revisiting easing bias on app at jun 7-8 meet but decided prudence remained warranted
Inflation outlook vulnerable to premature tightening, guidance to be adjusted "very gradually"
Continued caution in communication warranted to avoid signals that could cause tightening of financing conditions

U.S.: ADP Employment Report, June 158 (forecast 185)

ADP employment data to be released at 12:15 GMT is today’s most important news from the US to be watched by market participants. 185K expected vs 253 previous

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.