Draghi hinted at more action in December, talking down the EUR, but does QE actually work for the markets?, watch today’s discussion with Michael Hunter, Market Reporter for Financial Times.
Key points
- Draghi hinting at more action in December
- French industrial data getting better, bodes well for Eurozone?
- QE doesn’t work, seen in Japan
- Draghi can talk down the EUR pretty well, but something else on ECB’s mind?
- Stuttering China and the delay in Fed rate hike adding to market complexity
- US: Fed rate hike versus a 4th round of QE
- China key indicator for the market