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Market News: Doctors say Brazilian President Lula is fully capable of signing official documents.After the European Central Bank moderately cut interest rates by 25 basis points, the EUR/GBP remained below 0.8250.European Central Bank President Lagarde: The government should focus on reforms that promote growth.

 European Central Bank President Lagarde: We must be very cautious. European Central Bank President Lagarde: We must be very cautious because service prices and wages are rising rapidly. Financial difficulties are self-created uncertainties.The yield of German 2-year government bonds fell by 3 basis points to 1.92%, the lowest since December 3.

Trump reiterates tax cuts.European Central Bank President Lagarde: We must be very cautious. European Central Bank President Lagarde: We must be very cautious because service prices and wages are rising rapidly. Financial difficulties are self-created uncertainties.Trump: For me, the stock market is everything and very important.