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15.05.2019 21:23

ECB executive board member Coeure: Global headwinds continue to weigh on eurozone growth

  • Some domestic factors dampening growth may be fading
  • Governing council stands ready to adjust all instruments, as appropriate
  • Eurozone economy has high capacity utilization


Market focus

  • German economy continues to underperform in August - IHS Markit
  • Gaps remain with U.S. on trade after 'very tough' talks - Japanese Economy Minister
  • FOMC meeting minutes showed the central bank intends to remain flexible regarding future changes to interest rates.
  • IMF: currency devaluations due to policy easing cannot improve trade balance
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