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Added on the 08/01/2015 13:50:04 - Copyright : Euronews EN
Euro
A new spike in energy prices has added to fears of recession, with manufacturing surveys due on Tuesday expected to highlight the damage done to activity.
The pound sterling has slumped to its lowest level against the dollar since since the 'flash crash' of October 2016, as investors fret over the latest Brexit turmoil. We look at the latest moves, and what could happen to the pound if a snap election is called. Also today, Argentina's finance minister attempts to calm the markets after the country imposed capital controls.
Euro zone business activity expanded at its weakest rate since the start of 2015 this month as growth paths diverged. But on the plus side, there was an unexpected surge from France. David Pollard reports.
The European Central Bank has taken the ultimate policy leap, launching a government bond-buying programme which will pump hundreds of billions of new money into a sagging euro zone economy. David Pollard asks if it will have the necessary impact?
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