Wall Street Journal (October 26)
The European Central Bank is now faced with “a dilemma as it edges toward higher interest rates just as the region’s economy slows and faces escalating risks, from international trade tensions to a European dispute over Italy’s budget.” For now, President Mario Draghi has no plans to change course as the ECB seeks to “phase out easy-money policies.”
Tags: Budget, Dilemma, Draghi, ECB, Economy, Interest rates, Italy, QE, Risks, Trade tensions
Wall Street Journal (October 3)
“Investors propelled bond yields to multiyear highs Wednesday as robust economic data and an easing of trade tensions across North America sparked fresh optimism about the global growth outlook. Wednesday’s bond rout sent the yield on the 10-year U.S. Treasury note, a closely watched barometer of investors’ sentiment toward growth and inflation, to its highest level since July 2011.”
Tags: Bonds, Economic data, Growth, Highs, Inflation, Investors, Optimism, Sentiment, Trade tensions, Treasuries, U.S., Yields
Bloomberg (September 7)
“One of the paradoxes of this year’s trade tensions is that in many parts of the world, it doesn’t yet feel like a crisis.” Although it may be “tempting to think the global economy is riding out the turmoil,” it would be “mistaken. Look closely: The slowdown has begun.”
Reuters (April 23)
“For investors, the key question is whether the ECB’s carefully calibrated exit plan from its ultra easy policy could be scuppered by trade tensions, especially if the dispute between the United States and China sucks in the euro zone. The ECB would have to alter its march towards a more normal policy stance if growing risks from protectionism, exchange rates or market swings end up depressing inflation.”
Tags: China, ECB, Euro zone, Exchange rates, Exit plan, Inflation, Investors, Market swings, Protectionism, Risks, Trade tensions, U.S.
