UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40
Bloomberg Daybreak: Europe Edition
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The ECB's Christine Lagarde Warns of a Fragmentation of the Global Economy
Christine Lagarde warns that a fragmentation of the global economy is posing a challenge for central bankers. The European Centre Bank president's comments reflect wider fears that rising political tensions will weigh on the global economy by disrupting trade, weakening growth and pushing up inflation. Over in the United States, BlackRock will begin selling failed bank securities today. In New York, Charlie Pellet, Bloomberg Daybreak Europe.
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