ECB’s Rehn: Will do everything necessary to ensure supportive financing conditions

The European Central (ECB) Governing Council member Olli Rehn said on Wednesday, the central bank will do everything necessary to ensure supportive financing conditions.

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Member states should enhance cooperation, take measures to support the economy.

It is necessary to support the most severely hit European countries.

The coronavirus pandemic is a common European problem.

The difficulties caused are not due to any single country's reckless management.

GBP/USD sits near daily tops, just below mid-1.2300s

The GBP/USD pair edged higher through the early European session and refreshed daily tops, around the 1.2345 region in the last hour. Following a brie
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Germany: Jump in ZEW expectations reflects current misery – ABN Amro

The improvement merely reflects a dramatic deterioration in the part of the survey that measures current conditions, economists at ABN Amro apprise. K
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