This page has been archived and commenting is disabled.

Live Webcast Of ECB's Press Conference

Tyler Durden's picture





 

ECB's preliminary announcement was a big snoozer as expected. Much more hope rests in the Mario Draghi press conference that begins in minutes, and where the former Goldmanite is expected to at least hint at some more conditional easing. Follow it live below.

  • *DRAGHI SAYS INFLATION RATES LIKELY TO STAY ABOVE 2% IN 2012
  • *DRAGHI SAYS INFLATION STAYING ABOVE 2% BECAUSE OF ENERGY, TAXES
  • *DRAGHI SAYS ECB SEES INFLATION IN LINE WITH PRICE STABILITY
  • *DRAGHI SAYS ECB SEES `DOWNSIDE RISKS' TO ECONOMIC OUTLOOK
  • *DRAGHI SAYS ECB HAS ALL TOOLS AVAILABLE TO ACT FIRMLY, TIMELY
  • *DRAGHI SAYS NON-STANDARD MEASURES HAVEN'T YET SHOWN FULL IMPACT

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 05/03/2012 - 08:34 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Basically....we're screwed

Thu, 05/03/2012 - 08:37 | Link to Comment konputa
konputa's picture

Bah, let it all burn down so we can get back to prosperity for someone other than HFT engineers.

Thu, 05/03/2012 - 08:36 | Link to Comment PaperBear
PaperBear's picture

The cartel raid hit like clockwork at 8.30 NYT - between 500 and 1,000 contracts a minute for silver and the price remains at $30.40/oz.

Better luck tomorrow guys.

Thu, 05/03/2012 - 08:39 | Link to Comment bshirley1968
bshirley1968's picture

Sure he is going to "hint" at easing because we need those markets up today.  3 days from now the markets will need another boost.....and they will get another "hint" and on we will go.

Why is he giving this on English?

Thu, 05/03/2012 - 08:44 | Link to Comment Bazinga
Bazinga's picture

So that the little people who are not versed in english have the opportunity to misinterpret/not understand his statements! Keeps them from seeing the BS he is slinging.

Thu, 05/03/2012 - 08:47 | Link to Comment falak pema
falak pema's picture

so that the guys from the Squid in the City know when to push the buy and sell buttons...

Thu, 05/03/2012 - 08:41 | Link to Comment LongSoupLine
LongSoupLine's picture
Live Webcast Of ECB's Press Conference

 

 

Live Webcast Of Goldman's Press Conference

fixed it...

Thu, 05/03/2012 - 08:51 | Link to Comment bshirley1968
bshirley1968's picture

Basically, we're are serving drinks....to those who can afford it.....until the Titanic finally goes down.

 

"When demand recovers"  Haaaaaaaaah Haaaaaah  Haaaaaah!

 

"Price developements should remain in line with price stability over time."  What?!

 

"While waiting on the return of growth...."   Haaaaaaaah, Haaaaaaaah,  Haaaaaaaah!

 

Everytime this idiot says the word "growth" there is a blur on the screen and some of his clown makeup shows through.

Why all the talk about "price stability" if you are so sure "inflation will remain stable"?  This guy talking about "sound fiscal policy from European governments" is like a lion talking about being a vegetarian.

Thu, 05/03/2012 - 08:53 | Link to Comment Dr. Engali
Dr. Engali's picture

We have all the tools to act firmly.... Translation : nothing else we are doing is working so we will bullshit our way through this.

Thu, 05/03/2012 - 08:58 | Link to Comment Cult_of_Reason
Cult_of_Reason's picture

Say what?!

Inflation is secondary to "taxes"?!

WTF is that suppose to mean?!

Are they running out of realistic excuses for inflation now?

 

Thu, 05/03/2012 - 09:06 | Link to Comment bshirley1968
bshirley1968's picture

Here's an analogy for you.

 

Some bank robbers have taken a large bank and are holding hostages.  They are surrounded by the police and there has been a couple of fire fights.  The leader of the robbers is on the phone with the negotiators and one of his henchmen come to him and says, "During the last shootout, we all ran out of ammo, there is no ammo left in the building."

The leader looks back at the phone and continues the negotiations and threatens to kill a hostage if their demands aren't met in the next 1 hour.

That's were this LOSER is!  He knows he has no ammo left and yet continues the dialog as though he has something with which to negotiate.  Blah, blah, blah.....such Bull Shit!

I know if that smart ass responded to my question with "What did I say?  What did I say?"  "Let me read for you again from page 3....."  I would say, "Answer the question, MotherF.....!"

Yeah, there is a lot of liquidity, dumbass!  What you don't have is an ECONOMY!

Thu, 05/03/2012 - 09:08 | Link to Comment I am on to you
I am on to you's picture

Would it not be less complicated, to mention what Draghi dont say=Your,ll .ucked!!!!

 

Raise my salery,i need a new condo over at The Caymints!

Thu, 05/03/2012 - 09:12 | Link to Comment youngman
youngman's picture

I see it this way...you have a country trying to hide how bad they are.... is giving the EU numbers that are fake ...who is making policy on numbers that are faked but yet the EU does not want to look so bad also..so they double fake the numbers...then the end product that comes out is really bad...and people are making headlines on these numbers...and I guess making business decisions...he who can look thru the smoke and still breath will be the better in the end..

Thu, 05/03/2012 - 09:14 | Link to Comment i-dog
i-dog's picture

*DRAGHI SAYS NON-STANDARD MEASURES HAVEN'T YET SHOWN FULL IMPACT 

Piigs with lipstick are still piigs.

Thu, 05/03/2012 - 10:26 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Flying piigs up in the sky with the black swans.

Thu, 05/03/2012 - 09:32 | Link to Comment Racer
Racer's picture

Draghi says he can understand the anger of "poor, jobless young people"

 

NO he F"ck!ing well CAN NOT!!!!

Thu, 05/03/2012 - 09:33 | Link to Comment falak pema
falak pema's picture

"I wold love to ease as it would please my paymasters to dilute the Euro and the ECB, making us all debt hungry and servants of debt slavery forever to our true masters. Get wise people of Europa land, put your shoulder to the grinding millstone; understand who Caesar is and how he does God's work on earth. Thanks to me the Sub Vicar of God's money, the golden corn of Caesar's abundance, your debt dependence will churn and churn and churn."

Thu, 05/03/2012 - 10:06 | Link to Comment azzhatter
azzhatter's picture

One of those young unemployed that he understands so well should beat the shit out of him just for fun. Love how these fuckers think devaluation thru inflation is okay. Fuck You Draghi you're a prick

Thu, 05/03/2012 - 10:30 | Link to Comment pods
pods's picture

So now a (phony) 2% rise is stable?

Fuzzy math indeed.

Sun, 05/06/2012 - 21:35 | Link to Comment dserfc
dserfc's picture

I suggest you to come on a site, with an information large quantity on a theme interesting you.cheap designer handbag For myself I have found a lot of the interesting. This post is very useful!


cheap designer handbags We liked your article, so we would be interested in hearing from you, our readers like it, I love your site, Your blog provides a fresh look at the subject. Great job mate!

Im so excited.fake oakleys Great information! This post is very useful! Now Nike shoes are popular all ages, in both sexes, in every age, rank, situation, and condition of life. I love your blog.

Absolutely with you it agrees. In it something is also idea good, agree with you.I think, you will find the correct decision.replica oakleys Now all became clear, many thanks for the information.

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