ECB's President Draghi: ECB does not target the exchange rate

Market news

18 June 2019

ECB's President Draghi: ECB does not target the exchange rate

Core inflation remains muted. There is a certain disconnect with the current data and market-based expectations
Inflation path is converging more slowly than before
Some market-based inflation indicators lost information content

European stocks closed: FTSE 100 7,443.04 +85.73 +1.17% DAX 12,331.75 +245.93 +2.03% CAC 40 5,509.73 +118.78 +2.20%

China's Presiden Xi: U.S.-China relations have encountered some difficulties recently, which is not in the interest of both sides

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