Europe Ahead: Tranquil Day in Europe, but Debt Woes are Predominant |
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Today, there are no fundamentals from the European continent except the release of the ECB Bulletin for the month of March in a tranquil week. However, still concerns with regard the high debt problems prevailing in many European economies are the main focus of the market. As of 10:00 GMT, ECB will release its bulletin for March which mainly summarizes Trichet's speech that followed March's rate decision. Policy makers at the ECB left the cost of borrowing unchanged at 1.0% in March and
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