Key Highlights From Draghi’s Press Conference

Socialize It →

Tweet

0

• ECB SEES 2012 INFLATION AT 2.3% TO 2.5% VS PREV 2.1% TO 2.7%. - so… counterdisinflation

That’s the kicker: ECB sees inflation. Deus Ex Off - forget more easing at this point. Everything else is just filler.

• ECB SEES 2013 GDP AT 0.0% TO 2.0% VS PREVIOUS 0.0% TO 2.2% - not good
• DRAGHI SAYS INFLATION RATES LIKELY TO STAY ABOVE 2% IN 2012
• DRAGHI SAYS MARKET TENSIONS, UNEMPLOYMENT TO WEIGH ON ECONOMY - ya think?
• DRAGHI SAYS UNDERLYING PACE OF MONETARY EXPANSION SUBDUED
• DRAGHI SAYS ECONOMIC GROWTH REMAINS WEAK
• DRAGHI SAYS ECONOMIC OUTLOOK IS SUBJECT TO DOWNSIDE RISKS
• ECB EXTENDS FULL ALLOTMENT REFINANCING TO AT LEAST JAN 15 2013
• DRAGHI SAYS NON-STANDARD MEASURES ARE TEMPORARY IN NATURE
• DRAGHI SAYS EURO-AREA ECONOMY WILL RECOVER GRADUALLY

Finally:

• DRAGHI SAYS BANKS MUST STRENGTHEN BALANCE SHEETS FURTHER.

courtesy :- copy paste (good things must share it increase knowledges)

--
MCX OPERATOR
www.mcxoperator.com

Be Connected on Social Network

Support US →

Tweet

FOLLOW US →

SHARE IT →

: MCX OPERATOR OPERATOR BASED CALLS