Archive for January 24th, 2019

Central Bank Watch

ECB Governing Council Recognizes More Difficult Outlook but Keeps Policy Signals the Same

January 24, 2019

The takeaway from today’s ECB Governing Council statement is that “incoming data have continued to be weaker than expected as a result of a slowdown in external demand compounded by some country and sector-specific factors.” Officials are not in denial and explicitly consider the risks associated with their baseline outlook to be skewed to the […] More

New Overnight Developments Abroad - Daily Update

Anxious Times for Investors

January 24, 2019

Investors continue to face three big uncertainties: the U.S. government shutdown, the fast-approaching Brexit deadline, and the failure so far of U.S. and Chinese trade negotiators to reach a mutually satisfying agreement. Planned senate votes on the border wall and shutdown are not likely to pass. The on-again, off-again scheduled state of the union address […] More