Draghi keeping the technicians busy
It's by no means a done deal that we get action but the odds of the next lot of projections being revised down is now very high.
- Heightened volatility may tighten conditions
- ECB are monitoring markets and financial sector
- ECB on the lookout for financial instability due to policy measures
Onto banking
- We need to make sure banking sector is resilient
- Work carried out across Europe and the world have produced a stronger banking sector