The European Central Bank will announce its interest rate decision this Thursday. There have been frequent rumors of a rate cut before. Whether it will cut interest rates by 25 basis points is what I am concerned about. At present, the market expects that the European Central Bank will most likely cut interest rates and wait for the first cut. Once the European Central Bank starts a rate cut cycle, the pressure will come to the Federal Reserve. The euro and the US dollar are in a hostile relationship.
Europe will cut interest rates for the first time in June (high probability), and the Federal Reserve will cut interest rates for the first time in September (high probability). The later the time, the more optimistic the market is. In this way, the turning point of the monetary easing cycle is about to appear. The interest rate cut cycle and ample liquidity will continue to support the bull market. Brother Ming is very optimistic and is ready to respond at any time.