Will ECB's Draghi be showing his hand later today?

 

The ECB president testifies to European Parliament lawmakers at 14.00 GMT

Draghi speaks before the European Parliament's Committee on Economic and Monetary Affairs and answers questions from its Members.

Are we likely to hear anything off-script from Super Mario ? I don't think so but these sessions can be interesting if lawmakers ask the right questions.

Draghi's dovish/cautious tones should continue especially on inflation given the latest BUBA monthly report that I posted earlier. Expect more of the recent same with focus to be placed on potential action in March.

Either way it's the highlight of the next few hour and goes some way to explain why we've seen limited moves so far. That and the US/Canadian holidays.

We'll bring you all the headlines and analysis but you can also watch it live courtesy of EPTV here

What do our readers think? Are you expecting any news bombs ?

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