The European Central Bank will hold its latest monetary policy meeting today. Whilst policy is expected to remain unchanged, the markets will be looking out for any comments from ECB officials.
President of the ECB, Christine Lagarde, is likely to speak on Europe’s recovery from the pandemic and how long intensified monetary support will need to continue for.
The pound is trading around the same levels against the euro and is slightly stronger against the dollar this morning, after falling due to a drop in the global markets yesterday. This fall came about due to rising COVID-19 cases in India and Japan. India has recorded a new daily record for COVID-19 cases over the past 24 hours.
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