MNI BRIEF: EU Leaders Say Trade Uncertainty To Weigh On Growth

Policy uncertainty is still weighing on euro area confidence despite recent trade agreements, EU leaders will say in a statement due to be released at their Summit on Thursday.

"Recent trade agreements have mitigated policy uncertainty, which however still weighs on confidence and makes the growth outlook uncertain," the draft statement states. 

The statement called on euro area finance ministers to continue closely monitoring fiscal and economic policy developments. (See MNI INTERVIEW: ECB's Wunsch Sees Less Chance Of Another Cut)