Negative rates overestimated? – ECB’s Y.Mersch

ECB board member Yves Mersch casted a mantle of doubt over the effectiveness of ECB’s negative rates policy, regarding it as probably overestimated.

EUR/USD keeps its daily lows around 1.1440, almost exclusively on USD dynamics.

May 5, 2016

European stocks end 4-day slide, tracks Oil higher

The European equities open on a stronger footing this Thursday, bringing an end to its four-day losing streak, as a solid rebound in the oil prices offered the much-needed boost to the miners and energy stocks.

Negative rates overestimated? – ECB’s Y.Mersch

European stocks end 4-day slide, tracks Oil higher

United Kingdom 10-y Bond Auction increased to 1.66% from previous 1.51%