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ce the central bank to revise its inflation projections down by at least 25/30 bps. This, in our view, combined with the very cautious message from Draghi. strengthens our call for a very slow pace of tapering from Jan18 onward, in contrast with investors' expectations (discussed last week and in the
ot affected the Euro much. First, the EUR weakened as the ECB statement kept the option to do more QE if necessary. Then, the EUR strengthened when Draghi avoided talking the EUR down when he was asked about its recent strength. However, the EUR continued strengthening during and after the press confe
nill Lynch (Australia): Mernll Lynch Equities (Australia) Limited, regulated by the Australian Securities and Investments Convnission; Merrill Lynch (Hang Kong): Merrill Lynch (Asia Pacific) limited, regulated by the Hong Kong Securities and Futures Commission (HKSFCJ; Meml Lynch (Singapore): Merrill Lynch
he is likely to emphasize the condition=lity of new easing, especially in light of improving data and Draghi=lowering the downside risk from Europe. Draghi was originally slated to =peak at Jackson Hole, but announced today that he will remain in Frankfurt=to hammer out the operational and technical det
mention th= scope for more accommodation, but he is likely to emphasize the condition=lity of new easing, especially in light of improving data and Draghi=lowering the downside risk from Europe. Draghi was originally slated to =peak at Jackson Hole, but announced today that he will remain in Frankfurt=
the Dubai Financial Se=vices Authority. < = > <= class="MsoNormal">In Hong Kong, th=s material is distributed by JPMorgan Chase Bank, N.A. (JPMCB) Hong Ko=g branch except to recipients having an account at JPMCB Singapore branch =nd where this material relates to a Collective Investment Scheme (ot=er
India Airlifts Medical Supplies From Abroad As Covid 'Shakes Nation' Credit Suisse Shareholders Seek Removal Of Risk Chief After Twin Scandals How Draghi's Italy Became 'Model European' UK And European Banks Plan To Slash Business Trips After Pandemic Story Lineup From Last Night's Network News: ABC
China." New Zealand has "previously been reluctant to sign joint statements from Five Eyes partners criticizing China, including on the crackdown on Hong Kong's democracy movement and the recent arrests of activists in the city." But suggestions that the intelligence sharing group is "struggling over China h
Entities connected to both Draghi and Hong Kong

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Bloomberg L.P.
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Barack Obama
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George W. Bush
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Marc Rich
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Michael Jackson
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