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ECB’s Nowotny: Economic growth post-crisis has been modest by comparison

ECB governing council member and Austrian central bank chief Ewald Nowotny noted the following during his scheduled speech in Vienna:

Economic growth post-crisis has been modest by comparison

Can't expect growth rates of two post-war decades

Dangerous to think growth in one country harms another

Digitalization will reduce labor force in banking

USD/JPY in search of a firm direction, stuck in a range below mid-111.00s

The USD/JPY pair struggled for a firm direction and remained confined within 30-pips broader trading range amid subdued trading action on Monday. Fri
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Eurozone: Expect 10yr yields to remain in the upper half of their range with mild bearish bias - ING

The research team at ING maintains a mild bearish bias and expect Eurozone’s 10yr yields to remain in the upper half of their range. Key Quotes “10y
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