The Traderszone Network

Published in TZ Latest News 19 July, 2017 by The TZ Newswire Staff

"ECB Or Not To Be": Here’s What Mario Draghi May Say Tomorrow

Looking at tomorrow’s main event, the much anticipated ECB announcement in which Draghi may (or may not) announce a hawkish shift to the cental bank’s policies and/or reveal the bank’s tapering plans, Citi (whose titled we borrowed) gives the 30 second summary, and says that the market seems quite split on whether the ECB will remove the asset purchase program easing bias, but thinks that there’s room for mild disappointment. After all, it says, this meeting is just a warm up for the September meeting (and Jackson Hole).

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