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Daily Alert: ECB keeping the taps on

  • After its wobbles earlier in the week, market sentiment has continued to strengthen overnight.
  • Global share markets remain a bit below the highs they hit last week but have notched up some lifts overnight while global bond yields are lower right across the board, with yield curves under flattening pressure.
  • The ECB has very much stuck to a dovish tone at its latest statement, as was expected by all and sundry.

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