CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider (Saxo Bank). You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.

ECB had a context to act

The context is vital. The EU is experiencing slower growth with Germany likely to see a small technical recession (2 consecutive quarters of negative growth) in 2019. Declining industrial confidence, in response to slower Chinese demand for EU exports, and political upheaval (“Brexit” once again) is delaying decision making.

ECB chief Mario Draghi completes his term on 31 October 2019 and wanted to hand-over to Christine Lagarde with a clear plan in situ. Widely lauded as the outstanding central banker of his generation, Draghi’s hand will be missed.

Continue reading

Post a comment

Your email address will not be published. Required fields are marked *

Get Started with CSS

Open an Account

Subscribe to our award winning daily newsletter

Voted "Best Market Newsletter" in 2012, 2014, 2015 and 2017 by the City of London Wealth Management Awards

Subscribe to our newsletter (Popup)

By signing up to our free email, you are consenting to receive these promotions. The newsletter is sent up to three time per day during the week and up to once per day over the weekend. The newsletter contains company news, market movements, CSS research and promotions and breaking economic news. Occasionally our newsletter will contain advertisements from trusted partners. However, we will never give, sell or rent your email address to any other companies. If you want to stop receiving our free emails you can unsubscribe at any time by clicking on the link at the bottom of each email. You can read our privacy policy here.

No, thank you I am already subscribed