ECB's Lagarde says we continue to expect inflation to stabilise at the 2% target in the medium term, will continue to follow data-dependent and meeting-by-meeting approach
Lagarde's remarks indicate a persistent commitment to the ECB's 2% inflation target, suggesting a cautious yet adaptable policy stance.
German Chancellor Merz on his conversation with Chinese President Xi, says there are many challenges to overcome; Economic Minister will conduct a follow up visit
LESG (LSEG LN) CFO says the Co. remains active in search for M&A targets
ECB's Lagarde says we continue to expect inflation to stabilise at the 2% target in the medium term, will continue to follow data-dependent and meeting-by-meeting approach
Stabilius (STM GY) says the global addressable market for end-of-arm tooling, gripping and tooling solutions amounts to around EUR 3bln ; under its long-term strategy, the company aims to generate EUR 500mln in revenue from new, high-margin innovation
Iran's Foreign Ministry spokesperson says the country will move to the nuclear negotiation site in half an hour, our negotiating team has reasonable amount of flexibility in the US nuclear talks in Geneva
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This data-dependent approach implies that future rate decisions will hinge on incoming economic indicators, allowing for potential adjustments based on evolving conditions. Traders should consider the implications for Eurozone interest rates and their effect on euro performance and broader market sentiment.
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