Several inquiries about this one. That’s nine hours from now, 7:15 p.m. in Tokyo, 10:15 am GMT. It may be out a few minutes early or late.
Jamie’s guess the LTRO contest is a hit so far.
Reuters has surveyed 23 monkeys economists and the range is € 50- € 450B with the median at € 250B. I suspect the market is priced for at least € 300B . Mark me down at the high end of the range or higher. A strong, carry-trade-driven bid makes perfect sense to me.
