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3 Numbers: Will ECB speakers amplify Draghi's dovish message?
The European Central Bank said "bang" yesterday as it hinted at further easing at its next meeting in March. Unfortunately investors only heard a whimper similar to the ones they've heard many times over. Today some ECB officials are scheduled to speak and have an opportunity to amplify that message. Meanwhile, in Europe the flash PMIs are expected to remain relatively unchanged from the previous month, while the US manufacturing index is likely to continue its decline. First out will be France at 0800 GMT, and while the services index is expected to tread water at the 50 level, the manufacturing index is expected ... (full story)
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