ECB's Villeroy says ECB will raise rates if second-round effects are seen and not seeing sufficient signs yet to raise rates
ECB's Villeroy's comments suggest a cautious stance on rate hikes, indicating that while the central bank is open to future increases, it currently does not see enough inflationary pressure to warrant a change.
UAE President says the UAE remains capable of defeating any aggression
US sells 6-week bills at a high rate of 3.595%, B/C 3.07x
ECB's Villeroy says ECB will raise rates if second-round effects are seen and not seeing sufficient signs yet to raise rates
European Closes: Euro Stoxx 50 +1.83% at 5,869, Dax 40 +1.67% at 24,392, FTSE 100 -1.40% at 10,219, CAC 40 +1.08% at 8,062, FTSE MIB +2.27% at 48,558, IBEX 35 +1.80% at 17,668, PSI -0.04% at 9,165, SMI +0.43% at 13,059, AEX +0.95% at 1,015
Anthropic CEO says revenue grew '80x' in Q1 on an annualized basis; Chinese AI models are likely 6-12 months behind, and other major US AI Labs are maybe 1-3 months behind it in capabilities
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This aligns with a more dovish approach compared to what might be priced in the market, potentially impacting the euro and influencing fixed income sentiment as traders reassess their rate outlooks.
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