The key event today was the currency meeting Fedu and related comments central bank. The Monetary Committee has kept rates at the current level and presented a vision that they should remain around zero until year 2023 respectively until the 2 main conditions for their eventual growth in the form of a full-fledged labor market are met employment and stronger growth inflation. For stock markets, an improvement in the economic forecast from analysts was unfortunate central bank. The market takes this as an indication of less will to further monetary and fiscal stimulus, which is perceived negatively by investors. Investors and entire markets have become significantly accustomed to currency and fiscal doping, and the prospect of their reduction then leads to a worsening of mood.
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