Market news from yesterday and today

The European Central Bank (ECB) meeting on Thursday did not change the base rate of 0.5 per cent. Deposit rate also remained unchanged (0 percent). During the press conference the ECB's head of M. Draghi assured that in order to support the region's economic recovery, the base interest rate will remain at the current level as long as needed. M. Draghi said that the ECB Board held extensive discussions on further interest rate cuts and assured that liquidity continues to remain high. The funny thing is that it was decided unanimously to adopt a new communication policy that will lead to further monetary policy vision. After M. Draghi's comments the euro has fallen to 1.29 dollar per euro, core European equity indices values ​​jumped 2-3 percent. This morning the Asian market is also rising (Japan NIKKEI +1.81 percent. The Chinese Hang Seng +1.46 percent). Bank of England also did not change the interest rate (0.5 percent), And promotion of the program volume remained 375 billion pounds. This was the first meeting after the bank was taken over by the former head of Canada's central bank M. Carney.

Today the central event in the financial markets - the U.S. labor market data published. It is predicted to be created 165 thousand new jobs (except public and agricultural sector), and the unemployment rate dropped from 7.6 percent to 7.5 per cent. These data are particularly welcome, as will make an impression on the U.S. economy trends, which will help in predicting further Fed action.