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Stock impact report

Euro rises on report of ECB rate-hike debate; sterling jumps Mar 19 2018 [Reuters]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Reuters
Euro rises on report of ECB rate-hike debate; sterling jumps | Reuters 3 Min Read NEW YORK (Reuters) - The euro rose on Monday after a Reuters report that European Central Bank officials were shifting their debate from bond purchases to the expected path of interest rates, reviving bets that the ECB may raise rates sooner than previously thought. Sterling pushed to its highest against the euro in more than five weeks and against the dollar in more than a month, as Britain and the European Union appeared to reach a broad agreement on a post-Brexit transition period and the Irish border. [nL8N1R13AW] “It makes people more comfortable with the euro’s strength, as people will monitor for any shift in ECB policymakers’ tone,” Chuck Tomes, senior investment analyst at Manulife Asset Management in Boston, said of the Reuters source-based report. The debate among ECB policymakers is increasingly about the steepness of the rate path, as some want future expectations contained given the slow re Show less Read more
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