The Euro will be under pressure this week ahead of the release of the ECB rate decision and ongoing negotiations between Rome and Brussels over the former’s budgetary ambitions. EU officials will also be continuing their talks on who will head major European institutions including the European Commission, European Council and the ECB. The ECB is expected to hold rates in negative territory this week as the global and regional outlook for growth continues to sour against the backdrop of unfavorable geopolitical tensions. Internally, inter-European relations in key Eurozone member states continue to threaten sovereign bond … (full story)

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