Christine Lagarde and the European Central Bank needs to address many important matters this week during their meeting as they hold back any further monetary stimulus plans. However, they will probably try not to press any confidence for fast recovery in order to maintain the positive momentum. ECB is expected to maintain its previous position following last month’s expansion and increase of its Pandemic Emergency Purchase Program, which rose by 600 billion euros to 1.35 trillion euros.
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Daily Analysis - 16/07/2020