23 May 2014
Focus on Draghi's speech in search for clues on ECB easing - Investec
FXStreet (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec, remarks the potential significance of ECB's Draghi's speech over the weekend.
Key Quotes
"Ahead of a long weekend, we expect little in the way of headline UK data today with the bulk of the releases coming from Germ any in the form of German IFO business surveys which follow this morning’s early second estimate of German Q1 GDP release which came in line with the preliminary 0.8%".
"One thing to note over the weekend will be Draghi’s address on Monetary policy to the ECB Forum on Central Banking on Sunday night which will provide much interest given the expectations of imminent policy easing building ahead of the next ECB meeting."
Key Quotes
"Ahead of a long weekend, we expect little in the way of headline UK data today with the bulk of the releases coming from Germ any in the form of German IFO business surveys which follow this morning’s early second estimate of German Q1 GDP release which came in line with the preliminary 0.8%".
"One thing to note over the weekend will be Draghi’s address on Monetary policy to the ECB Forum on Central Banking on Sunday night which will provide much interest given the expectations of imminent policy easing building ahead of the next ECB meeting."