Tag Archives: Mario Draghi

Super Mario returns – but is it enough? – FT

Mario Draghi, has announced a bigger than expected package of quantitative easing of €60bn per month, but will that be enough to revive the eurozone economy? Ralph Atkins, capital markets editor, and economics correspondent Ferdinando Giugliano discuss the ECB’s QE … Continue reading

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Draghi’s tactical retreat ahead of QE – FT

The European Central Bank revised down its forecasts for inflation and growth. Capital markets editor Ralph Atkins and global economy news editor Ferdinando Giugliano discuss the crucial semantics in ECB president Mario Draghi’s press conference. For more video content from … Continue reading

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Draghi may benefit from overseas aid – FT

Mario Draghi, ECB president, has detailed his eurozone stimulus plan of buying asset-backed securities and covered bonds. Ralph Atkins, FT capital markets editor, explains to global economy news editor Ferdinando Giugliano how US help may be at hand. For more … Continue reading

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The ECB moves – is it enough? – FT

The European Central Bank has cut its deposit rate to below zero per cent and introduced other radical measures to fight the threat of deflation. The FT’s Chris Giles and Ferdinando Giugliano discuss what these actions mean. For more video … Continue reading

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Low ECB Rates For An “Extended Period”

Here’s why they hammered the Euro today: The risks surrounding the economic outlook for the Euro area continue to be on the downside…the key ECB interest rates to remain at present or lower levels for an extended period of time.   … Continue reading

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Weekly Eurozone Watch – Markets “Revert Back”

Key Data Points German 10-year Bund 12 bps higher; France 10 bps tighter to the Bund; Belgium 11 bps tighter; Ireland 19 bps tighter; Italy 31 bps tighter; Spain 46 bps tighter; Portugal 56 bps tighter; Greece 61 bps tighter; … Continue reading

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Euro slumps on ECB Draghi’s comments

“Exchange rate is not a policy target, but it is important for growth…”   – Mario Draghi (click here if video is not observable)

Posted in Euro, Monetary Policy | Tagged , , , | 5 Comments

Weekly Eurozone Watch: Comfortably Numb

Key Data Points German 10-year Bund 18 bps higher; Italy 10-year 97 bps tighter to the Bund; Spain 141  bps tighter; Portugal 140 bps tighter; Ireland 50 bps tighter; Greece 197 bps tighter; Large Eurozone banks 5-15 percent higher; Euro$ … Continue reading

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Draghi Speaks, Markets Go Berserk

The potential disappointments were there in Draghi’s OMT policy announcement.   The markets didn’t care, however, as the perceived tail risk of sovereign default was taken off the table as was a Euro banking collapse circumvented by the LTROs. Central bankers … Continue reading

Posted in Banking, ECB, Economics, Euro, Eurozone Sovereign Spreads, Monetary Policy | Tagged , , | 1 Comment

The Market’s “Jerry Maguire” Moment

How can we pass on posting one of the funniest scenes in movie history,  which is an almost perfect allegory of where markets stand today? We will let you decide if Ben Bernanke or Mario Draghi is the real Jerry … Continue reading

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