Two Fifteen

Two Fifteen – 18 May 2020

European equities started the week on a positive tone and we are seeing all sectors  and indices trading in the green. Volumes are poor though and none of the indices are trading above their AVATs. The rest of the week’s direction is likely to come from any comments from Governments and Central Banks. Especially after Powell’s comments over the weekend and after Andy Haldane (BoE’s chief Economist) said during an interview that the bank will study options for the forward path of monetary policy including negative rates.

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