Investors reluctant to take aggressive bets: Peter Dixon
PUBLISHED ON: May 3, 2013 | Duration: 3 min, 20 sec
Peter Dixon, senior economist at Commerzbank Corporates and Markets, says that with the ECB rate decision now out of the way, investors will be closely watching the outcome of the US non-farm payrolls report later in the day. He expects cautious trade across equities. Mr Dixon also talks about the sentiment around the euro, and if the ECB rate cut has eroded it's interest rate advantage over the dollar and yen.