- ECB Draghi: “Intensified market tension dampening economy, but euro area economic activity should recover gradually”
Market news
19 December 2011
ECB Draghi: “Intensified market tension dampening economy, but euro area economic activity should recover gradually”
Modest underlying wage and price pressures, risks to med-term outlook broadly balanced
Latest monetary data show heightened uncertainty, pace of mon expansion moderate
ECB non-standard measures should mitigate mkt strains
Non-standard measures should allow SME lending by banks, ECB intends to enhance use of bank loans as collateral
EU leaders compact is a breakthrough, foundations for a fiscal compact have been laid, EU accord should prevent excessive deficits in future
Fiscal compact shows clear trajectory for EMU future, welcomes decisions to strengthen EFSF, ESM
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page