Draghi speaking in Berlin

  • We would certainly prefer not to have to keep interest rates at cush low levels for an excessively long time
  • Monetary policy today is protecting the interests of savers
  • Full text

Nothing market moving here. The market wants to know about QE and (to a lesser extent), the ECB view on the economy.

It's no surprise that nothing has changed in the 5 days since the ECB press conference.