Market moves suggest Lagarde is viewed as a 'dove' who would maintain a low-rate policy.
International Monetary Fund Managing Director Christine Lagarde has been nominated as the next president of the ECB.Market moves suggest Lagarde is viewed as a "dove" who would maintain a low-rate policy.
Several market watchers have offered their take on the Lagarde appointment, with her lack of knowledge on monetary policy proving to be a recurring concern. In a note to clients Wednesday, Jim Reid of Deutsche Bank said Lagarde carried a "credibility risk" given her inexperience with the ECB's complicated array of tools designed to encourage stable economic growth.
Haefele said he still considered the IMF chief a "qualified candidate" but that her appointment didn't overly make Europe a more attractive place to invest. Pictet's Frederik Ducrozet issued a note Wednesday that focused squarely on the positive aspects of Lagarde's nomination.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Trade ceasefire rally could be short-lived, market strategists warnTrade truce headlines boosted stocks, but they are likely to be a short-lived positive since trade talks between the U.S. and China could drag on for months and result in more tariffs.
Consulte Mais informação »
Convictional, A Y Combinator Startup, Will Revolutionize The $5 Trillion B2B E-Commerce MarketB2B e-commerce is still relying on legacy transaction software to facilitate the exchange of goods and payments between buyers and sellers. Chris Grouchy and Roger Kirkness have created Convictional, a B2B e-commerce platform to allow suppliers to automate selling to any retailer or marketplace.
Consulte Mais informação »
As Competition Heats Up, Performance Rights Organizations Respond To Market ChangesArtists are gaining more leverage and for-profit competitors are changing the game for PROs like ASCAP and BMI, with offers of non-recoupable advances filling up the rumor mill.
Consulte Mais informação »
Top market technician says the biotech breakout is just getting startedDespite health care's 2019 woes, one top technician says there are clear signs that a big breakout in one piece of the health-care trade is finally coming to life.
Consulte Mais informação »
Venice Market Projects Include Films From Agnieszka Holland, Alexey German Jr & Jasmila ZbanicThe sixth edition of the Venice Gap-Financing Market (August 30 – September 1, 2019), which takes place during the Venice Film Festival, will feature 51 projects in the final stages of develo…
Consulte Mais informação »
WarnerMedia Sees Demand for Digital Ads Spike in TV Upfront MarketDemand for digital advertising drove the bulk of increases in WarnerMedia’s “upfront” sales efforts, according to a person familiar with the matter, suggesting Madison Avenue continues to turn to s…
Consulte Mais informação »