Reported 8 months ago
Following rate cuts by the Swiss National Bank and the Bank of Canada, the European Central Bank (ECB) surprisingly lowered its deposit rate from 4% to 3.75%, marking its first rate cut in five years. With a focus on controlling inflation, the ECB is adjusting its interest rates while the US Federal Open Market Committee (FOMC) has kept its rates unchanged. Apart from interest rate prospects, other signals like early ECB rate cuts benefiting the Eurozone, positive indicators in various countries, upcoming elections in Europe and the UK, China's efforts in addressing the property market issue, and rising copper prices indicate potential investment opportunities. Amid uncertain interest rate outlooks, diversified assets aligned with mainstream trends can help investors navigate market volatility and benefit from rotational opportunities.
Source: YAHOO