Daily Market Review: Fed Minutes Confirm Dovish Stance, ECB Minutes Take Their Turn
Channel: JFD Brokers
Date: 2021-04-08

Daily Market Review by Charalambos Pissouros

Yesterday, the minutes form the latest #FOMC gathering confirmed that the Fed is unlikely to start any policy normalization any time soon. Today, we get more meeting minutes, this time from the #ECB, and it would be interesting to see whether officials of this Bank stand ready to ease further if deemed necessary. Overall, we stick to our guns that market sentiment is likely to continue improving, but not immediately, as #investors may stay reluctant to drastically increase their risk exposure ahead of the earnings season.

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