Asset Managers

Analysts at a loss: ECB is “extremely vague”

Christine Lagarde, ECB president

Equity markets in Europe fell sharply on Thursday. It was even the worst trading day of the year, with declines of the major indices from 1.7 to over 2 percent. The reason: investors are afraid of an economic slowdown and overvaluations. At the same time, analysts dived into the European Central Bank (ECB) minutes, which they found "extremely vague".

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.