LIVE MARKETS-Everything as expected?

Reuters2021-06-11

* European stock futures up 0.2%

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EVERYTHING AS EXPECTED? (0533 GMT)

European stock futures are slightly higher after yesterday's ECB policy meeting ended in line with analysts' expectations, and U.S. data supports the Fed's view that the current inflation will be transitory.

The European central bank reaffirmed its pledge to buy bonds at a "significantly higher" pace while raising its growth and inflation projections.

U.S. CPI data were above consensus, but much of the price surge came from commodities and airfares, seen as temporary.

The only thing that can now move the needle would be mentioning the 'tapering' word at next week's Fomc, which is seen as unlikely.

(Stefano Rebaudo)

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Comments

  • 老Uncle
    2021-06-11
    老Uncle
    as it is, back to business ?
  • junhan
    2021-06-11
    junhan
    Wow
  • Abacus88
    2021-06-11
    Abacus88
    Hope so
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