Demand for riskier assets continued to be dented by uncertainty over the US government shutdown, and the yet-unresolved trade standoff between the United States and China.
On Wednesday, US President Donald Trump said that the United States was doing well in trade talks with China, saying at a White House event that China “very much wants to make a deal.”
The ECB is widely expected to stay on hold at its first monetary policy meeting of 2019 that ends later on Thursday, but may acknowledge a sharp slowdown in growth, raising the prospect that any further policy normalisation could be delayed.
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