Following 'no change' in policy, we assume we will be treated to a plethora of confidence-building market-implied views of just how great everything is in Europe (apart from fundamentally [4]). Of course, the Q&A is what we want to hear and his involvement in the Monti Paschi debacle, his view on Anglo Irish, his ignorance of currency wars ("I do not talk about currencies"), and just how great the repayment of LTRO funds are (even as European stocks and bonds move into the red for the year)...
- *DRAGHI SAYS DATA SIGNAL FURTHER WEAKNESS IN EARLY 2013
- *DRAGHI SAYS RISKS TO OUTLOOK REMAIN ON DOWNSIDE
- *DRAGHI SEES UPSIDE PRICE RISKS FROM OIL PRICES, INDIRECT TAXES
- *DRAGHI SAYS ECB WILL MONITOR MONEY-MARKET CONDITIONS