Shares lifted by prospect of lower rates for longer
Global shares posted their longest winning streak in three months on Monday, aided by the chance of low interest rates for longer in the United States and talk of more stimulus in Japan and China, while oil slid as the Saudis cut prices for Asian customers.
Euro zone at a turning point but too early to debate end of ECB help: Lagarde
The euro zone economy is at a turning point but its recovery must be firm and sustainable before the European Central Bank can debate clawing back emergency support, ECB President Christine Lagarde told Politico in an interview.
Don’t mention the T word: Five questions for the ECB
The European Central Bank meets on Thursday and will review the pace of emergency bond buys that it jacked up in March to prevent a rise in borrowing costs hurting a recovery.
