ECB's governing council member de Cos: ECB's recalibration in December should focus on PEPP, TLTROs

Market news

16 November 2020

ECB's governing council member de Cos: ECB's recalibration in December should focus on PEPP, TLTROs

ECB's governing council should further increase monetary accommodation to potentially avoid problems of market fragmentation given a worsening outlook for both economic activity and inflation

U.S.: NY Fed Empire State manufacturing index , November 6.30 (forecast 13.5)

European session review: USD weakens as extended coronavirus-vaccine optimism and upbeat economic data from Asia support risk appetite

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