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What to expect from tomorrow's ECB decision and BoC

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European Central Bank and the Bank of Canada will be in the spotlight in tomorrow, as banks are expected to announce interest rate levels.

According to analysts, changes in the level of the ECB will not see, the markets will focus on the press conference by Mario Draghi. With the BoC, things are a bit different, as it is likely to see a change in interest rates.

The oil market has stabilized, and the labor market in Canada continues to improve, which gives some freedom of the Central Bank in the country. The forecast for the Canadian economy will also be observed, as this can give an idea of ​​what investors are the prospects for development in monetary policy and whether it is possible to change the interest rates.

 


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