The French daily, Le Figaro, reports the weekend’s comments delivered by the European Central Bank (ECB) Governing Council member and Bank of France Head Villeroy de Galhau, with the key headlines found below.
Monetary policy must remain accommodative.
A serious downturn worldwide.
US economy is still expanding.
China is showing signs of recent stabilization.
In Europe France and Spain are holding up well.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.