ECB to ease into corporate bond purchases in June - Livesquawk

Livesquawk citing Reuters sources that ECB is likely to start purchasing corporate bonds gradually in June.

Key Headlines:

Corp bond purchases to start slowly in June

Will slowly raise the pace of purchases to 5-10bn monthly once supply increases

German IFO heads north in May - ING

Carsten Brzeski, Chief Economist at ING, notes that the Germany’s most prominent indicator, the IFO index, increased in May to 107.7, from 106.6 in April
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USD/CAD sell the strength towards 1.33 – Westpac

Strategists at Westpac have recommended selling USD/CAD on strength towards the 1.3300 handle.
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