This page has been archived and commenting is disabled.

Mario Draghi's ECB Press Conference - Live Webcast

Tyler Durden's picture




 

While equity markets are giving up the kneejerk gains after the ECB's decision to make no decision and keep rates unchanged, we await the much more interesting twists and turns of Draghi press conference and Q&A. From EU-wide bank audits to fragmentation and from OMT's promise to easing collateral standards for ABS buying, there is bound to some fireworks (leaving aside his likely admiration for Abe) especially if he hints at negative rates. We look forward to his explanation of the dichotomy of a conditional OMT and the easing of fiscal targets across almost every nation. Popcorn, ready...

  • *ECB SEES 2013 GDP -0.6%
  • *DRAGHI SEES DOWNSIDE RISKS TO ECONOMIC OUTLOOK
  • *DRAGHI SAYS MONETARY, LOAN DYNAMICS REMAIN SUBDUED
  • *DRAGHI SAYS ECB TO KEEP POLICY ACCOMMODATIVE AS LONG AS NEEDED
  • *DRAGHI SAYS SENTIMENT INDICATORS SHOWED SOME IMPROVEMENT

 

 

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 06/06/2013 - 08:27 | 3629207 RSloane
RSloane's picture

Draghi: "My stalwart group of unelected, unaccountable bankers will continue to fuck with your country for as long as we please for the betterment of bankers everywhere."

Thu, 06/06/2013 - 08:32 | 3629215 BurningFuld
BurningFuld's picture

Anyone get the idea that these guys are just randomly guessing what to do next?

Thu, 06/06/2013 - 08:38 | 3629238 krispkritter
krispkritter's picture

Yeah, like they're throwing darts at a serf-board or shaking up the Magic Rape Ball to see who gets screwed next...

Thu, 06/06/2013 - 08:42 | 3629246 BLOTTO
BLOTTO's picture

The plan is their is no plan, thats the plan.

Thu, 06/06/2013 - 08:46 | 3629252 krispkritter
krispkritter's picture

You didn't plan that! (all by yourself)

Thu, 06/06/2013 - 10:02 | 3629497 eclectic syncretist
eclectic syncretist's picture
  • *DRAGHI SAYS ZERO HEDGE KICKS ASS, HE'S REALLY JUST A WANKER.
Thu, 06/06/2013 - 08:32 | 3629217 timbo_em
timbo_em's picture

Is he going to admit that he (and Trichet, too) is a liar and an idiot?

Thu, 06/06/2013 - 09:00 | 3629282 flacon
flacon's picture

Only when "it becomes serious"

Thu, 06/06/2013 - 09:24 | 3629345 Ruffcut
Ruffcut's picture

they are serious idiots and liars, does that count?

Thu, 06/06/2013 - 09:26 | 3629355 Montezuma
Montezuma's picture

Think not, Trichet was asked that how can people trust the central bankers when he himself first raised rates then lowered them a just little later, even though the said that the rates must go up.

He dodged the question and talked about changing times and they had to react...  They dont know what the hell they are doing just like IMF with Greece. The global financial markets are too complex and its man made fuck up just like climate chance. Hopefully teach us stupid apes some humility.

Thu, 06/06/2013 - 08:34 | 3629226 GetZeeGold
GetZeeGold's picture

 

 

Didn't we just have a press conference like last week?

Thu, 06/06/2013 - 08:37 | 3629236 jmcadg
jmcadg's picture

Anyone else all of a sudden not getting this feed?

 

Thu, 06/06/2013 - 08:41 | 3629245 SheepDog-One
SheepDog-One's picture

Zee insaneeteee!

Thu, 06/06/2013 - 08:42 | 3629247 q99x2
q99x2's picture

That was enough to get my bowels moving.

Thu, 06/06/2013 - 08:51 | 3629260 asscannon101
asscannon101's picture

After Abe released the Turd Arrow yesterday, I wonder what asshattery Super Mario can conjure?

Thu, 06/06/2013 - 08:52 | 3629262 B2u
B2u's picture

ECB has not created increase in volatility.  Good thing Draghi says so.

Thu, 06/06/2013 - 08:53 | 3629264 pods
pods's picture

So the ECB has now joined the FED in the coffin corner?

Fun times.  I think the plan is to move FOARward with some more slow printing to save the banks and bleed the people?

"Stop playin' with yerself Hooper; slow ahead, if you please.."

pods

Thu, 06/06/2013 - 09:06 | 3629295 mayhem_korner
mayhem_korner's picture

 

 

+1  Quint - gotta be among the best film roles ever.

Thu, 06/06/2013 - 08:53 | 3629266 B2u
B2u's picture

Draghi needs some Botox injections.

Thu, 06/06/2013 - 09:00 | 3629283 EmmittFitzhume
EmmittFitzhume's picture

They speak in English. Most likely because they are talking directly to Bernanke. Or is it that the Algos are programmed in English?  

Thu, 06/06/2013 - 09:08 | 3629303 mayhem_korner
mayhem_korner's picture

 

 

They speak Engrish because the soon-to-be-paws-up USD is still the world's reserve currency and the meme must go on.

Thu, 06/06/2013 - 09:04 | 3629292 anyways
anyways's picture

this fucking damn itaca asshole!

Thu, 06/06/2013 - 09:24 | 3629344 Atomizer
Atomizer's picture

*DRAGHI SEES NEGATIVE CONSEQUENCE IF DOMINO IS TIPPED

Thu, 06/06/2013 - 09:31 | 3629376 Uncle Remus
Uncle Remus's picture

Jeebus. I see we still have a cockroach problem.

Thu, 06/06/2013 - 09:31 | 3629377 asscannon101
asscannon101's picture

SuperMario, "does not see deflation"... Just doesn't see it.

Thu, 06/06/2013 - 09:39 | 3629398 Gandalf6900
Gandalf6900's picture

I don't think the guy that asked Mario a question at the end in private  got the answer he was looking for...

Thu, 06/06/2013 - 09:51 | 3629451 antenna
antenna's picture

South of Europe is in deflation , EU purposely promotes internal devaluation to push reforms and competitiveness. But it won't work. they're just wrong. In south EU we're all keynesians now.  

Thu, 06/06/2013 - 12:33 | 3630303 iamtheeggman wh...
iamtheeggman whooooooooooooo's picture

Sentiment improves between beatings

Do NOT follow this link or you will be banned from the site!