ECB Archives - The Industry Spread

European Equities Gains on Auto Sector Earnings, US Earnings Report to Continue Driving Wall Street

October 25, 2019

Following upbeat earnings from Microsoft and Tesla, Wall Street closed on a positive note yesterday. Asian market saw major indices and equities follow cues from the US market and trade on positive note across Asian market hours. European market opened on a positive note and saw major indices see sharp upside move influenced by upbeat Auto sector earnings report from Germany. Traders, however, kept trading activity limited to speculative bets as they awaited cues from ECB President Draghi’s speech in a press conference as the market prepares for his last speech as Head of ECB.

Dimitar Radev: Decision about the euro is strategic, not conjunctural

October 23, 2019

The communication with the ECB was and remains excellent both when it comes to the work related to the asset quality review and stress test, and when it comes to the overall process of preparing to join ERM II, the Single Supervisory Mechanism and the Single Resolution Mechanism.