Last week was relatively quiet and lucky for the leading stock platforms across the world. The news stream was not explicitly positive; however, investors preferred to focus on positive information.
The British FTSE 100 Index gained 1.0% over the previous week and completely recovered losses of the last thirty days. April data demonstrated that the period of deflation in the euro-area that lasted for four months is now over. This gives hope that economic growth in Europe can accelerate. In addition, the European Central Bank (ECB) announced that it would buy out bonds more actively over May-June as part of the quantitative easing program (QE) in anticipation of the summer period, which is traditionally characterized by low liquidity of markets. The ECB also announced its further plans to keep low rates.
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