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23 May 2013
Flash: Eurozone likely to keep the ECB on hold in June - TD Securities
FXstreet.com (Córdoba) - The week began quiet, but Bernanke suggesting that the Fed could look to begin tapering QE in the next few meetings sparked a rout in equities and selloff in fixed income, says the TD Securities team.
"The BoJ meeting and BoE Minutes suggested no shifts in policy stances from either at the moment, and Eurozone data so far, like slightly better May PMIs, seems likely to keep the ECB on hold in June", TD adds.
"The BoJ meeting and BoE Minutes suggested no shifts in policy stances from either at the moment, and Eurozone data so far, like slightly better May PMIs, seems likely to keep the ECB on hold in June", TD adds.