The fear of slowing global growth, particularly in China, has kept markets volatile. Analysts warn that demand for a wide range of com-mo-dities and products could weaken this year.
In the Eurozone – the European Central Bank decided not to change interest rates and maintain an ultra-relaxed monetary policy. This comes as the EU economy faces the most significant slowdown in the last five years.
Meanwhile, Traders are looking for hints of any progress in trade talks ahead of discussions next week in Washington. They are assessing the economic impact of the longest shutdown in the U.S. history that’s affecting the normal flow of growth data.