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ECB’s Nowotny: ECB rate rise won't be realistic prospect until 2019

Additional comments from the ECB policymaker Nowotny via ORF Radio are found below.

Some ECB colleagues believe there's a danger that the costs of the expansive monetary policy are slowly outweighing the benefits.

All world CBs believe rates can only rise after bond buys end, therefore ECB rate rise won't be realistic prospect until 2019.

Germany’s BDI: Threat of hard Brexit remains high

The German industry association BDI’s Managing Director Lang was on the wires last hour, speaking to Reuters on the Brexit issue. Key Headlines: The
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EUR/NOK fades the spike post-CPI, back around 9.4600

The Norwegian Krone recovered ground lost to the European single currency following lower-than-expected CPI figures, with EUR/NOK now returning to the
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