India, July 24 -- The European Central Bank is set to adopt a wait-and-see approach on Thursday ahead of looming tariff deadline.
Markets expect the ECB to hold the deposit facility rate at 2.00 percent after cutting it by a quarter basis points each in every rate-setting session since September.
The announcement is due at 8.15 am ET. Following the governing council meeting in Frankfurt, ECB Chief Christine Lagarde holds press conference at 8.45 am ET.
US President Donald Trump has set August 1 as deadline for EU to secure a trade deal. Trump has threatened to impose 30 percent tariff on European goods.
Flash Purchasing Managers' survey results from the euro area and the UK and consumer sentiment from Germany are the other top economic ...