Coene Says ECB Unlikely to Conduct Outright Bond Purchases; Markets React

Crude and gold appears to be moving lower in reaction to headlines from ECB member Luc Coene that it is "very unlikely" that the central bank will engage in outright bond purchases.

Related ETFs (NYSE: GLD) (NYSE: USO).

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Bessent on Iran: maximum economic pressure means likely not a kinetic restart
• Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
• Natural Gas Inventory 36 bcf vs 31 bcf Expected