Today brings the European Central Bank monetary policy meeting and President Draghi press conference following.
- At 1145GMT and then 1230GMT
Collated previews:
- ECB preview: European Central Bank meeting Wednesday, likely more dovish
- ECB preview: There are two key issues facing Draghi
- ECB meet this week - preview (SG & WPAC)
- TD preview the ECB policy meeting, point out the bearish risk for the EUR
- RBC on Wednesday meeting instead of Thursday ... "that may be the most interesting thing about the meeting"
And, as a bonus, a few more small snippets:
ANZ:
- 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
NAB:
- 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.
