Weekly Market Directions 15th April 2024

Wednesday 17 April 2024

Market News

(Week 8th April - 12th April)

In this edition of Amundi's Weekly Market Directions:

ECB's next move should be a rate cut

  • The ECB kept its policy rates unchanged but looks confident that inflation will return to targets gradually.
  • In contrast, US inflation is showing some stickiness, but the Fed is likely to reduce rates this year.
  • These decisions, among other factors, would affect markets globally, and commodities such as gold.

            

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