The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
The recent pullback feels much worse though given the significant pullback in a large number of stocks that comprise the indexes. Click here to know more.
The last time commodities outperformed global equities in a consecutive two-year period where returns were positive for both asset classes were back in 2004-2005.