Epstein Secrets

24/25 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY September 7 - Xstrata EGM to vote on Gl

ses of private sector bonds, another LTRO, and/or clarifying senior/non-senior status of ECB bond purchases. It is interesting to note that despite Draghi's aggressive comments last week, a survey done by SocGen's FX team of their research client base finds that 69% of investors think the ECB will dis

, III +5 DXY $82.80 (-25c) Crude $89.34 (+43c) Gold $1608.60 (+$1.30) Silver -0.22% Copper -0.16% All about the ECB today (statement @ 7:30am, Draghi press conference @ 8.30am) (link<http://www.ecb.int/press/tvservices/webcast/html/webcast_120802.en.html>). Sueddeutsche thinks the ECB will announ

Sep 1 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY (Bernanke speaks Aug 31 @ 10am, Lagarde

a, FL) August 31-Sep 1 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY (Bernanke speaks Aug 31 @ 10am, Lagarde speaks Aug 31 @ 2:30pm, Draghi speaks Sep 1 @ 12:25pm) September 3-6 - Democrat National Convention (Charlotte, NC) September 6 - BOE/ECB rate announcements September 7 - Xstrat

outlook) (trading +1.5%) Marvell Q2 revs & eps missed (gross margins fell) (citing global eco weakness) (trading -10%) Merkel says Germany backs Draghi on the conditions for ECB help (in Canada yesterday) GM seen planning global reorganization tackling "fiefdoms" according to Bloomberg EU Commissi

to this in unprepared comments in his speech at Jackson Hole on Friday. He said B/Es point to "significa

Board members seems keen to take a steer en medium -term expectations from market breakeven rates. These have weakened in the last couple of weeks. Draghi referred to this in unprepared comments in his speech at Jackson Hole on Friday. He said B/Es point to "significant declines at all horizons-. The

tions "remain firmly anchored", at least not without announcing a new policy to better anchor those expectations. On balance, we think the data and Draghi's comment puts pressure on the ECB to accelerate the next phase of monetary easing. We believe the ECB will accelerate the announcement of a privat

to this in unprepared comments in his speech at Jackson Hole on Friday. He said B/Es point to "significa

Board members seems keen to take a steer on medium-term expectations from market breakeven rates. These have weakened in the last couple of weeks. Draghi referred to this in unprepared comments in his speech at Jackson Hole on Friday. He said B/Es point to "significant declines at all horizons-. The

tions "remain firmly anchored", at least not without announcing a new policy to better anchor those expectations. On balance, we think the data and Draghi's comment puts pressure on the ECB to accelerate the next phase of monetary easing. We believe the ECB will accelerate the announcement of a privat

EFTA02345833 5/ So wh=t can we expect from the Jackson Hole symposium? Since it's an acade=ic forum, new

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=

Sep 1 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY (Bernanke speaks Aug 31 @ 10am, Lagarde

a, FL) August 31-Sep 1 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY (Bernanke speaks Aug 31 @ 10am, Lagarde speaks Aug 31 @ 2:30pm, Draghi speaks Sep 1 @ 12:25pm) September 3-6 - Democrat National Convention (Charlotte, NC) September 6 - BOE/ECB rate announcements September 7 - Xstrat

24/25 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY September 7 - Xstrata EGM to vote on Gl

tend ZIRP into mid-2015 today and reiterate dovish stance of ready to act at any time if appropriate. ECB tomorrow the bigger event this week after Draghi's recent comments. Consensus seems to expect that (at a minimum) measures will be announced in which the EFSF will step in to buy sovereign debt fl

re vocal debate on QE. Mario Draghi's speech in Jackson Hole was significant, in our view. It opens the

.; Data Flash ECB: Private QE in September We are bringing forward the timing of private QE (ABS purchasing) to 4 September. Recent weak data and Draghi's latest comments on inflation expectations we think are enough to believe the ECB will supplement the TLTRO in the next few months. Our baseline i

re vocal debate on QE. Mario Draghi's speech in Jackson Hole was significant, in our view. It opens the

.; Data Flash ECB: Private QE in September We are bringing forward the timing of private QE (ABS purchasing) to 4 September. Recent weak data and Draghi's latest comments on inflation expectations we think are enough to believe the ECB will supplement the TLTRO in the next few months. Our baseline i