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ECB policy-makers say euro zone economy bottoming out, but outlook weak

Euro zone growth has been hovering on either size of zero for most of 2023 and only a mild pick up is seen this year

Fed s Waller and ECB s Stournaras talk rate cuts

- Stocks move higher and bond yields lower as interest rate expectations are further dialed in after Fed Waller yesterday spoke about seeing case for rate cut in several months if inflation takes on course, suggesting a move in H1 2024, alongside a significant drop in German states and Spain’s CPI readings, ahead of Germany’s national reading at 08:00 ET.

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