BOS gov on the wires

  • downside risks to economy have increased due to external environment
  • global economy worse than 6 months ago
  • China has suffered a serious slowdown
  • Fed knows rate decision will have global effects
  • Denies he threatened Catalan bank freeze
  • Catalan deposit freeze highly unlikely
  • No ECB-Catalonia deal has been drafted

Euro paring earlier gains as traders book a bit of profit and offers on euro pairs prevail

Bank of Spain gov Linde in cautionary mood