Europe’s weakening economy and a downbeat Draghi – time to write off a rate rise?
Weak data from Europe and a downbeat Draghi. I ask NAB’s David de Garis if this scuppers the chance of any rate move from the ECB this year.
Day: January 24, 2019
THE TWITTERATI
A big drop in US equities shows hopes of a stimulus deal have collapsed, but NAB’s Ray Attrill says the rising pound suggests nobody believes Boris Johnson when he says he’s calling off talks over Brexit. https://t.co/k0FXhO4xcT
US retail sales calmed markets on Friday but NAB’s Rodrigo Catril wonders whether it can be sustained, particularly without further stimulus. There’s lots to create more volatility in the week ahead. https://t.co/Z9kXo7iauw