More from Draghi: Confident that inflation will rise to ECB’s goal

Draghi speaking still at Generation €uro Students’ Award (G€SA) 11 April

  • wages and inflation will rise as economy improves

So just where is the evidence of this growing EZ economy?

  • direct impact of US trade tariffs announcement not big
  • key issue is retaliation
  • confidence effect of trade spat can be very important

All steady on the FX front again after the Trump-tweet wobble

USDJPY 106.82 GBPUSD 1.4174 EURUSD 1.2381 USDCAD 1.2616 USDCHF 0.9573

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