Daily Overview of Global Markets & the SEE Region (Friday, December 14, 2018)

Capt. John

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:In line with market expectations, the ECB decided at yesterday’s monetary policy meeting that net purchases under the asset purchase programme (APP) will cease at the end of this month. In the press conference that followed, the overall ECB assessment on growth was more dovish compared to that adopted in the prior meeting, mainly expressed through the risk assessment. Contrasting with the prospect of another Fed rate hike at next...

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