ECB's Vice President De Guindos: There are substantial downside risks, in particular, if the easing of containment measures turns out to be premature

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22 June 2020

ECB's Vice President De Guindos: There are substantial downside risks, in particular, if the easing of containment measures turns out to be premature

We will continually evaluate whether size, duration and composition of PEPP remain appropriate
Rebound in activity is expected in the second half of the year
Speed and scale of the rebound is uncertain

European stocks closed: FTSE 100 6,247.02 -45.58 -0.72% DAX 12,262.97 -67.79 -0.55% CAC 40 4,948.70 -30.75 -0.62%

USD/CNY faces downside pressure in the next months - UOB

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