ECB: Draghi expected to maintain dovish stance – Danske Bank

Research Team at Danske Bank, suggests that ECB President Mario Draghi will speaking at 09:00 CET today and they expect him to maintain a dovish stance.

Key Quotes

“Draghi is likely to echo remarks made in speeches last week and on Monday that the ECB will 'review and possibly reconsider' its monetary policy in March. We expect a 10bp cut in the deposit rate at the meeting in March.

A range of data is released from the US today, including initial jobless claims, factory orders and durable goods orders.”