Rise and shine everyone.
It’s an ugly morning with almost every major market index in the “red”. Plenty of comments coming out of Davos from key central bank members. The notable interview perhaps was ECB President Christine Lagarde with Francine Lacqua - where President Lagarde took a softer tone hinting towards rate cuts in the summer, while still cautioning about making a mistake and cutting too early.
But the big news this morning is China’s growth. China posted a 5.2% GDP growth rate for 2023 in line with estimates.
