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European Market Update: ECB Out In Force Stressing That Govt Must Enact Structural Reforms

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    ECB out in force (Draghi, Villeroy, Liikanen, Visco) stressing that govt must enact structural reforms. The rhetoric providing some cautiousness in global equity markets. EUR/USD recented from recent weekly highs despite Germany Q1 Labor costs rising as tight labor market was pushing up wage costs. Data helped to explain recnt[​IMG]

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