Market Flash : Markets Applaud New European Appointments

Edmond de Rothschild
Door juli 8, 2019 11:02

Market Flash : Markets Applaud New European Appointments

Market flash

Meanwhile, the European Union made a number of senior appointments. After lengthy negotiations, a reflection of Europe’s very politically diverse nature, Ursula von der Leyen was put forward as European Commission president while Christine Lagarde was proposed as ECB chair. Christine Lagarde’s appointment was welcomed by markets as investors expect her to pursue Mario Draghi's accommodating policies. Her appointment also echoes that of Jerome Powell in that it underlines a move by central banks towards an increasingly political and risk management approach.

Edmond de Rothschild
Door juli 8, 2019 11:02

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