No desire for ECB action before September, if at all - newswire sources

 

ECB sources from MNI

* Look for 'wait and see' tone, it's not clear if more action is needed
* No consensus on tools for more stimulus if needed
* All options still open, including helicopter money
* Helicopter money 'stupid and unfortunate discussion'
* Largely opposed to tiered system for deposit rates

This could give the euro a lift.

MNI cites conversations with a number of senior Eurozone sources. They say indications are that any new measures would likely be subject to intense debate.

These headlines haven't been widely circulated yet.