Content ID: PR_WCS01_UCM01123270
Reunião do BCE focou a atenção dos investidores
- In yesterday's session, investors focused on the ECB Governing Council meeting, which delivered no big surprises. Lagarde insisted on the messages sent in December's meeting and said that the central bank will continue to offer a widely accommodative monetary policy stance until inflation robustly converges to the objective.
- After the press conference, yields on euro area sovereign bonds declined and the euro weakened against most currencies (it depreciated towards $1.10 against the U.S. dollar). These movements pushed financial sector's shares down and dragged most euro area stock indices.
- In the U.S., instead, stocks edged up amid mixed earnings releases while yields on the Treasuries declined.
- Today, investors will focus on the release of January's flash PMIs for France, Germany, the euro area, the UK and the US. Japan's has been already released and the composite index rose from 48.6 points in the previous month to 51.1.