Back

ECB's Lagarde: Conditions for a recovery remain in place

European Central Bank (ECB) President Christine Lagarde noted during Monday's US market session that risks to inflation exist on both sides of the line, and reminded markets that European inflation metrics should return to the ECB's target range sometime this year.

Key highlights

The conditions for a recovery remain in place.

Inflation is set to return to our 2% medium-term target in the course of this year.

Risks on both the upside and the downside.

The inflation outlook is more uncertain due to trade friction.

Wage growth is moderating as expected.

The frequency of shocks is likely to remain high in the future.

Macro funds liquidate some Gold length – TDS

Despite new all-time highs, macro funds actually liquidated some Gold length last week, TDS’ Senior Commodity Strategist Daniel Ghali notes.
Read more Previous

Dow Jones Industrial Average churns as investors await tariff news

The Dow Jones Industrial Average (DJIA) found a slim foothold on Monday despite some volatility in the pre-market.
Read more Next