Below are the main overnight catalysts:
- ECB won’t take loss on Greek bond holdings - Benoit Coeure, member of the ECB’s executive board
- European Industrial Output Declines 1.1%, Led by German Slump
- Greece to Cut Ministry Spending for EU325 Million Gap, ANA Says - so... Greek politicians will fire themselves?
- EU spokesman Hughes speaks to reporters in Brussels, Says EU still expects Greece to take ‘certain measures’
- Spanish Banks’ ECB Borrowings Rise to EU133.2 Bln in Jan from 118.9 billion in December
- Banks deposited €510.2 bn with ECB, up from 507.9 bn yesterday
- Central Bankers Doubt Greek PSI Deal, Handelsblatt Reports
- BOJ Governor Says JGB Purchases Not for Financing Government
- Schaeuble Says EU Now Better Prepared Should Greece Default
Source: Bloomberg