European Central Bank policymaker Francois Villeroy de Galhau in an interview
French central bank governor
Speaking with CNBC television
- should be no doubt about the ECB's determination to act and its capacity to do so if necessary
- "We look at the markets but we are not market dependent. We are data dependent"
- So let us wait for our next governing councils - and there are several to come - to assess the data and then to decide"
Said uncertainty created by trade tensions were the number one threat to the global economy
- "It's up to political leaders to reduce these uncertainties, which are sometimes self created. We cannot compensate for trade tensions"
EUR unmoved.