ECB’s Stournaras Says Central Bank ‘Should Wait’ on Rate Hike

The ECB's potential delay in raising interest rates may lead to a decrease in the euro's value, potentially boosting European stocks and bonds, while also influencing global asset prices, such as gold and cryptocurrencies. This could result in a short-term rally in risk-on assets, such as the DAX and Euro Stoxx 50, as well as a potential increase in bond prices, like the German Bund.