The ECB will cut the size of its monthly asset purchases to €30bn ($34.9bn) from January next year, ECB-president Mario Draghi announced on Thursday. Bond and equity markets as well as the euro hardly responded to the announcement.
Tag: European markets
Video: BNY Mellon on income investing
Charles Martin, portfolio specialist for BNY Mellon’s Insight Investment, answers questions on the firm’s short duration high yield strategy.
Fund managers warn on European bank stress
The banking sector’s worrisome low valuations have the potential to spark a financial crisis, fund managers said.
Fund houses warn on volatility from Greece impact
Increasing uncertainty around Greece and the probability of an exit from the Eurozone has raised the alarm at several fund houses about a surge in market volatility.
