mask Markets Embrace for ECB Monetary Policy Statement

13/ 12/ 2018

Markets Embrace for ECB Monetary Policy Statement

Daily Updates - 13th December 2018

Yesterday’s Markets

  • USD Consumer Price Index

Yesterday’s explained

Markets was reacting towards Geo-Political News from UK & Italy’s Budget deficit decision.

Italy lowered their Budget Deficit to the expected levels from European Commission.

Global markets were mostly positive at the start of the day on signs of easing Sino-U.S. trade tensions and expectations that China will increase support for its cooling economy

Today’s Markets

  • EUR ECB Interest Rate Decisions & Monetary Policy Statement
  • US Initial Jobless Claims 

Today’s explained

To start the busy day Euro Zone will release their ECB Interest Rate Decision which is considered among Investors & Analysts that the decision will remain the same throughout 2018. Followed by important indicator of the current Economic Projections for the Year 2019 with Interest Rates & Monetary Policy statement.

Later today United States will release their Initial Jobless Claims report which is a key indicator on the Job Sector Growth which will lead the Federal Committee to change their Economic Projections and Interest Rate Decision for the year of 2019.