Spot gold fell by $5 in the short term and is now reported at $2,704 per ounce.The weighted share price index of Taiwan Stock Exchange rose 1.2% to 23,170.25 points.Adobe(ADBE.O) fell by 12%, the biggest one-day drop since March 15th.
German Finance Minister: We need to work together on initiatives to strengthen the European economy.Market News: Trump Group plans to cooperate with DAR GLOBAL to build Trump Tower in Riyadh, Saudi Arabia.European Central Bank President Lagarde: National elections have also led to their own uncertainties.
Analysts commented on the ECB's interest rate cut, and Christiansen, an analyst at Danske Bank, said that the restrictive hawkish tendency in the ECB's policy has been eliminated. However, there is no indication that the bank may cut interest rates sharply, and there is no indication that the terminal interest rate will fall. Carsten Brzeski, head of international macro business in the Netherlands, said that the European Central Bank decided to play it safe today and cut interest rates by 25 basis points. No more mention of "restrictive" monetary policy, which means there will be more interest rate cuts in the future. Analyst Randow said that the change in the wording of the European Central Bank indicates that the ECB Committee has discussed the neutral interest rate. Otherwise, how can they decide what is restrictive and what is lenient? I am curious about what Lagarde will say next. Vassilis, a foreign exchange strategist, said that the euro fell to a new low because the European Central Bank gave up the "restrictive policy" part of the statement, but this does not mean that the policy language is completely dovish. Bonds in the euro zone are in a moderate trend.After the European Central Bank moderately cut interest rates by 25 basis points, the EUR/GBP remained below 0.8250.
Strategy guide 12-14
Strategy guide
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14