Draghi speech: unanimous decision on QE language change

Headlines continue to pour in from the ECB President Mario Draghi’s post-meeting press-conference. 

   •  Unanimous decision on QE language change
   •  Missing statement sentence was first introduced in 2016 so all in context
   •  Fiscal policies should be more growth-friendly
   •  Implementation of structural reforms in Euro area must be substantially stepped up
   •  GC urges specific, decisive steps to complete banking union & capital markets union

Japan 2017 Q4 GDP estimates: Upward revisions mainly in capex - Nomura

Takashi Miwa, Research Analyst at Nomura, notes that the second set of preliminary GDP estimates for 2017 Q4 (Oct-Dec) of Japan, released by the Cabin
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Draghi speech: policy to continue being reactive

More comments by the ECB President Mario Draghi, at the post-meeting press-conference Q&A session:    •  Little discussion on other possible changes
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