ECB VP Constancio with scheduled presser after Stability Review 29 Nov
- there are basic fundamentals that justify low market volatility, not just what a CB has done
- sees no significant movement in fin markets relating to Catalonia since banks moved
- doesn't see big risk from cryptocurrencies
Meanwhile EURUSD no heading down to session lows with EURGBP also down to 0.8830 and EURJPY 132.07
ECB's Constancio - No policy that doesn't have some fallout
