Redressing balance amid slowing growth and fragile economy
Impact of political turmoil and Brexit
The European Central Bank (ECB) has been much more dovish this year as macroeconomic conditions in the eurozone have quickly deteriorated.
The recent drop of the 10-year German bund yield into negative territory has left many bond investors scratching their heads.
Growth in the eurozone is slowing to stall-speed. The most recent raft of indicators point to weak manufacturing activity, with German data at lows last seen in 2009.
Worst quarter in several years in Q4
Fell by $4trn since January 2018
QE expected to finish at year end