ECB to buy faster, US job claims slowing
Friday 12th March 2021Asset markets continue to be drawn by bond markets, says NAB\u2019s David de Garis, on today\u2019s podcast. With stimulus coming down the line, and jobs data showing further signs of recovery, you might have expected increased inflation concerns, but yesterday\u2019s CPI figures seem to have calmed those concerns for now. But the ECB is still kicking into action, promising a faster bond buying spree under its pandemic emergency purchase programme, with Christine Lagarde concerned about the rate of recovery. Europe, of course, continues to suffer from a slow vaccine rollout \u2013 reaching 10% of the population in France so far, compare to 36 percent in the UK. Britain\u2019s trade numbers will be interesting today, not because of COVID, but to se the impacts of Brexit on trade with Germany and the rest of Europe.
Hosted on Acast. See acast.com/privacy for more information.