Last Thursday ECB President Mario Draghi did not support the monetary stimulus and interest rates. Following his talk, markets received the impression that the Federal Reserve will implement the same policy at its meeting this week.
The expectation now is that the Fed will lower rates by only a quarter percentage point, against a half-point, that many analysts anticipated. The ECB kept rates steady, however, Draghi said that it could decrease them in order to maintain stability.
European Commission will block 5 countries from accessing the markets
Weekly Report - 29/07/2019