Today brings the European Central Bank monetary policy meeting and President Draghi press conference following.
- At 1145GMT and then 1230GMT
And, as a bonus, a few more small snippets:
- The ECB is likely to become more dovish. Since they last met, global central banks incrementally headed in that direction, while the data pulse in Europe has been relatively weak. How they balance some improved confidence numbers and a solid service sector against current manufacturing weakness will be notable
- there have been reports that President Draghi would like to further push out forward guidance (currently “interest rates to remain at their present levels at least through the end of 2019”) and discuss a tiered deposit rate for banks. There should also be details of the already-announced TLTRO.