Sentiment Improved on Monetary Easing Hopes
SylviaHunt30Market sentiment was lifted after the ECB at which policymakers left interest rates unchanged but President Draghi signaled further easing possible. The focus has now turned to the Fed. After the disappointing payrolls data last week, speculations for QE3 heightened. Meanwhile, the latest Beige Book continued to describe the economic developments in relatively positive terms.
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Sentiment Improved on Monetary Easing Hopes
