Steve Barrow Slide Quotations

We believe the euro could slide to 85 cents and things could get a lot worse, with the Danish referendum going against joining the euro.

The ECB needs to raise interest rates to stop a big slide in the euro, ... We doubt the German economy will slow down as is predicted.

The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.

However, it is not all bad news as the slide was largely driven by a strong 27.3% rise in imports. While this reflects oil prices, to some extent, underlying imports are rising, which bodes well for the economy.