Bundesbank warns that German economy could stagnate or shrink in Q4 this year 0 (0)

Bundesbank remarks in its latest monthly report
– But economic hit from virus curbs to be less severe than in Q2
– Stabilising fiscal policy remains important next year
Some token remarks there by the German central bank, as this is very much anticipated as we gauge the Q4 outlook for the euro area economy as a whole

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It is getting terribly late and may be too late already for a Brexit deal, says EU official 0 (0)

Reuters with more Brexit headlines, citing an EU official on the matter
This just adds to the current rhetoric that time is wasting away as we count down to yet another Brexit „deadline“ at the end of this week, with some rough idea that it is more likely to be some time at the end of

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UK has to choices to make in Brexit talks, says EU sources 0 (0)

Reuters with the headlines, citing EU diplomatic sources on the matter
– Progress made in drafting legal text of new treaty
– But no mutually acceptable solutions on fisheries, governance, level playing field
The same old, same old as we look forward to another round of talks in Brussels this week. The pound has now slipped to the

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RBA’s Lowe: Would rethink about negative rates if global peers went negative 0 (0)

RBA governor, Philip Lowe, remarks in the Q&A session after his speech
– The costs still outweigh the benefits of negative rates now
– Negative rates still extraordinarily unlikely
This is a similar kind of rhetoric to his remarks from last week . Nothing has changed yet but as much as it is important to follow what the

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