Draghi says rising protectionism is a risk. Euro extends gains, up 0.3 pct on day at $1.2445

Market news

8 March 2018

Draghi says rising protectionism is a risk. Euro extends gains, up 0.3 pct on day at $1.2445

Downside risks related to global factors
Inflation seen likely to hover around 1.5 pct for remainder of the year
Inflation to hover around current levels in coming months

ECB sees 2018 inflation at 1.4 pct vs 1.4 pct seen in December

Canadian municipalities issued $8.4 billion in building permits in January, up 5.6%

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