Daily Note – The man without a plan?

draghi-saloon_2Summary

  • ECB has no plan and looking to surprise!
  • Winging it with monetary policy!
  • Municipal bond buying is still on the table
  • Complexity in a crowded-market? Move to side-lines!

Good morning from London,

With 2 days to go to the ECB meeting, everything is on the table.

Reuters spoke to anonymous ECB officials and gained some insight into this week’s pivotal ECB decision.

We know the ECB will offer something to ease European disinflation, despite objections from Lautenschlager and the German hawks.

Download a FULL PDF version of the Daily Note:

GlobalMacro360 Daily Note 1st December 2015

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Categories: Daily Note

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