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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

 

 

 


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Thu, 06/06/2013 - 08:27 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment BLOTTO
BLOTTO's picture

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

Thu, 06/06/2013 - 08:46 | Link to Comment krispkritter
krispkritter's picture

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

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

Only when "it becomes serious"

Thu, 06/06/2013 - 09:24 | Link to Comment Ruffcut
Ruffcut's picture

they are serious idiots and liars, does that count?

Thu, 06/06/2013 - 09:26 | Link to Comment 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 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

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

Thu, 06/06/2013 - 08:37 | Link to Comment jmcadg
jmcadg's picture

Anyone else all of a sudden not getting this feed?

 

Thu, 06/06/2013 - 08:41 | Link to Comment SheepDog-One
SheepDog-One's picture

Zee insaneeteee!

Thu, 06/06/2013 - 08:42 | Link to Comment q99x2
q99x2's picture

That was enough to get my bowels moving.

Thu, 06/06/2013 - 08:51 | Link to Comment 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 | Link to Comment B2u
B2u's picture

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

Thu, 06/06/2013 - 08:53 | Link to Comment 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 | Link to Comment mayhem_korner
mayhem_korner's picture

 

 

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

Thu, 06/06/2013 - 08:53 | Link to Comment B2u
B2u's picture

Draghi needs some Botox injections.

Thu, 06/06/2013 - 09:00 | Link to Comment 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 | Link to Comment 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 | Link to Comment anyways
anyways's picture

this fucking damn itaca asshole!

Thu, 06/06/2013 - 09:24 | Link to Comment Atomizer
Atomizer's picture

*DRAGHI SEES NEGATIVE CONSEQUENCE IF DOMINO IS TIPPED

Thu, 06/06/2013 - 09:31 | Link to Comment Uncle Remus
Uncle Remus's picture

Jeebus. I see we still have a cockroach problem.

Thu, 06/06/2013 - 09:31 | Link to Comment asscannon101
asscannon101's picture

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

Thu, 06/06/2013 - 09:39 | Link to Comment 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 | Link to Comment 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 | Link to Comment iamtheeggman wh...
iamtheeggman whooooooooooooo's picture

Sentiment improves between beatings

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