ECB vice-pres still up with comments

  • events in Paris terrible
  • compounds all the problems we were already facing
  • forthcoming events after Paris attacks may impact confidence, risk aversion

Just prior to the CPI release Constancio repeated that ECB policy isn't determined by exchange-rate target

Meanwhile French Interior Min says:

  • 168 raids on suspects locations now made
  • 104 people under house arrest
  • 23 arrested

Constancio - events in Paris compound existing problems