TRADER MARKET VIEW +ve MKTs into ECB
TRADER MARKET VIEW +ve MKTs into ECB
Focus on commod/oil sell off but quietly starting to see a real move in the peripheral banks here as well. Spain and Italy at/near highs of the day.
Cheaper oil and input prices so more money for consumers. Granted more chance of deflation but means more chance of printing. Net net all sounds pretty +ve for the mkts into ECB on Dec 4th.