ECB minutes: shorter and longer QE extension was also discussed but there was general agreement over 9 months

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23 November 2017

ECB minutes: shorter and longer QE extension was also discussed but there was general agreement over 9 months

Policymakers also discussed both bigger and smaller cut in qe purchases at oct meeting
Keeping qe open ended had broad support but few wanted clear end date
Private sector bond buys won't be scaled down in proportion to over qe cut
Lower fx volatility was noted by policymakers
Ecb sees short term upside growth risks

Canada: Retail Sales, m/m, September 0.1% (forecast 0.9%)

Bern - EU's Juncker says can't say whether enough progress made in talks with UK to go beyond first phase of Brexit talks, will see in days ahead

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