Five Things Everyone Will Be Talking About Today
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ECB decision day, more PMIs, and China closed for parade. Here are some of the things that people in markets are talking about today.
The governing council of the European Central Bank holds its monetary policy meeting in Frankfurt this Thursday. All 45 economists surveyed by Bloomberg expect there to be no change in interest rates announced when the decision is released at 7:45 a.m. ET. Markets will be watching Mario Draghi's press conference, starting at 8:30 a.m. ET, for any hints at further easing. The ECB will also release its latest quarterly economic forecasts following the press conference.