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ECB’s Nowotny: Euro-zone core inflation is stable but low

ECB governing council member Ewald Nowotny, speaking in Vienna this Wednesday, was noted saying that 2018 inflation level fulfils price stability goal and the Euro-zone core inflation is stable but low. 

Nowotny foresees continued expansion in Europe, but at a slower pace, and do not expect major disruptions related to insecurity linked to Brexit.

Gold holds steady above $1290 level, well within 1-week old trading range

   •  Remains supported by dovish Fed expectations and the UK political/Brexit uncertainties.    •  The uptick remains capped amid the prevalent risk
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Italy Industrial Orders s.a (MoM): -0.2% (November) vs -0.3%

Italy Industrial Orders s.a (MoM): -0.2% (November) vs -0.3%
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