ECB's Weidmann: lower growth rates in world economy are normalisation

The European Central Bank member and Bundesbank chief Jens Weidmann, while speaking in Bali, has reportedly said that the slowdown in the global economy represents normalization and is not the consequence of the trade conflict. 

Key points

• Correction in US markets is not a sign of insecure markets.

Key quotes (Germany's Finance Minister Scholz)

• Big creditors to emerging countries should join the Paris club.  
• Italian politicians have said that they'll respect European rules, one should take that at face value.