SNB’s and ECB’s meetings were the most important events of Thursday. However, there were some other interesting events to pay attention to.
German CPI has shown growth at 2,3%, which was weaker than previous 2,5%. Inflation growth reached 0,1% as compared to previous 0,2%.
Swiss National Bank left Interest rates unchanged at -0,75%. SNB representatives mentioned that the bank will be active on the currency market. According to SNB’s representatives, the situation on the currency market remains unstable.
The European Central Bank left Interest rates without changes. The QE program was finalized. According to Draghi, inflation is growing but stimulus is still important. Mario Draghi has also noticed that economic data is weaker than expected.
US Unemployment Claims data has shown declined towards almost 49 years lows showing labor market strength.
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