The ECB president is expected to stick to the plan made six months ago to end bond purchases at 2.6 trillion euros ($3 trillion), arguing that the euro area’s fundamentals are still sound enough to support the buildup of inflation.
The pound has dropped to its lowest level for almost two years amid the growing risks to the British economy from political paralysis over Brexit and on a no-deal scenario.
European shares rallied on Tuesday after the United States and Mexico reached a trade agreement, with autos enjoying another day of gains on an otherwise quiet day for company news.
EUR USD rebounds from 1.1300 now @ 1.1619 and continues to uptrend on 5th consecutive day. Resistance follows @ 1.1700 and 1.1785
Venezuela crisis is forcing millions of people to flee the country. More than 20,000 Venezuelans cross the border every day.
Asian markets started mixed on Thursday. The Nikkei 225 is up by 0.82%, Hang Seng is up by 0.51% and Shanghai Composite is down by -0.05%. Aussie and Kiwi Markets started higher on Thursday. ASX200 is up by 1.29% and NZX50 is up by 0.03%.
US markets ended higher on Wednesday. DJIA is up by 1.55%, Nasdaq is up by 1.14% and S&P500 is up by 1.32%. European Markets ended higher on Wednesday. Dax is up by 1.96%, CAC is up by 1.36% and FTSE is up by 1.81%.
The price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring and propel the dollar to record highs, a report from Saxo Bank claims.
US markets opened mixed on Wednesday. DJIA is up by 0.10%, Nasdaq is down by -0.20%, S&P 500 is up by 0.1%. The Bovespa is up by 0.18% and Mexico's IPC is up by 0.62%.
Asian markets closed higher on Wednesday. The Hang Seng is up by 0.55%, Shanghai Composite is up by 0.55% and Nikkei 225 is up by 0.74%. Aussie and Kiwi markets closed mixed on Wednesday. S&P/ASX200 is up by 0.91% and NZX50 is down by -0.30% .
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