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Week Ahead – ECB decision highlights central bank trifecta

From xm.com

An action-packed week lies ahead, featuring central bank meetings in the Eurozone, Canada, and Australia, an output decision from the OPEC cartel, and the selection of the next UK prime minister. The ECB will likely steal the show, as policymakers seem prepared to roll out the big guns to defend the sinking euro. Euro squeeze? There has been a striking change in tone from the European Central Bank lately. Several officials have stressed the need to raise interest rates forcefully, igniting speculation about a series of shock-and-awe moves, even though business surveys suggest the Eurozone economy is on the verge of ... (full story)

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  • Category: Fundamental Analysis