ECB's Executive Board member Schnabel: We will reduce PEPP purchases, when situation in markets calms down

Market news

30 June 2020

ECB's Executive Board member Schnabel: We will reduce PEPP purchases, when situation in markets calms down

Some short-term economic indicators are now starting to look better but they [ECB] are expecting the recovery to be slow
We could stop bond purchases even before the envelope exhausted if situation improves enough but could also expand if situation worsens

European stocks closed: FTSE 100 6,169.74 -56.03 -0.90% DAX 12,310.93 +78.81 +0.64% CAC 40 4,935.99 -9.47 -0.19%

OPEC and Russia will like ease output cuts in August - Reuters reports, citing four sources

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.