Daily Briefing: - Gloomy outlook for euro zone economy, as global finance chiefs meet - Germany to halve 2019 economic growth forecast - report - ECB would rather pay banks to lend than cut charge on idle cash - sources
. European stocks are slipping with JP Morgan and Wells Fargo kicking off proceedings later in the day, giving nervy investors a chance to gauge the health of U.S. companies.year-on-year in March, a healthy rebound from a dire reading in February. Imports slumped 7.6 percent, though, a much steeper decline than predicted, as progress on trade talks remained elusive.
The currency also found support from dealers saying there was an anticipated increased demand for the common currency arising from a Japanese bank’s plans to purchase a multi-billion-dollar aviation finance business from a German bank.
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