At yesterday's press conference ECB President Mario Draghi said that the central bank intends to suspend the repurchase of bonds, based on the fact that the EU economy is strong enough. Furthermore, the news that the Central Bank intends to keep interest rates at their current level has knocked down the euro, which lost more than 200 points during yesterday's session.
Donald Trump after all decided to introduce duties on Chinese goods in the amount of $50 billion, which caused a wave of outrage. Moreover, retail sales data published in China was lower than expected. Against the backdrop of such data and tensions between the two economies, investors are restrained about the prospects for global growth.
Regarding the fact that the treaty with North Korea is too "superficial," Mike Pompeo stated that all trade restrictions and sanctions will be canceled only after the demonstration of complete nuclear disarmament. Currently the sanctions imposed by the United States, Japan, and South Korea are active.
