Draghi keeping the technicians busy

It's by no means a done deal that we get action but the odds of the next lot of projections being revised down is now very high.

  • Heightened volatility may tighten conditions
  • ECB are monitoring markets and financial sector
  • ECB on the lookout for financial instability due to policy measures

Onto banking

  • We need to make sure banking sector is resilient
  • Work carried out across Europe and the world have produced a stronger banking sector