What the ECB Rate Hike Means for European Markets The European Central Bank strengthened its hawkish stance by raising its deposit rate to 3.25 percent, says Mathieu Savary of BCA Research. Related Articles Video Europe Could Outperform Through 2024 Staff Video Five Black Swans That Could Change the Course of 2023 Staff Market Intelligence The Rise of Oil Options: Why More Traders Are Getting Involved Sponsored by CME Group