ECB's Draghi says at the national level, structural reforms therefore remain a priority

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11 May 2018

ECB's Draghi says at the national level, structural reforms therefore remain a priority

Need for some form of common stabilisation function to prevent countries from diverging too much during crises
What is still missing, however, is a backstop for the single resolution fund
People expect the euro to deliver the stability and prosperity it promised

Before the bell: S&P futures +0.15%, NASDAQ futures -0.08%

Canadian employment was essentially unchanged in April and the unemployment rate held steady at 5.8%

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