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22 Aug 2014
Draghi next event from Jackson Hole - BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes Drahi coming up.
Key Quotes:
"For Draghi too, Jackson Hole does not seem like a particularly likely forum for some policy revelation. He will be speaking at 18:30GMT."
"We expect him to use this opportunity to discuss the challenges that the euro area faces and how its policy framework differs from the US. September and October will be important months for the euro area."
"For one, the TLTRO facility will be launched. In addition, updated forecasts from the ECB staff and the results of the asset quality review and bank stress tests will available (before the ECB formally take on supervisory responsibility)."
Key Quotes:
"For Draghi too, Jackson Hole does not seem like a particularly likely forum for some policy revelation. He will be speaking at 18:30GMT."
"We expect him to use this opportunity to discuss the challenges that the euro area faces and how its policy framework differs from the US. September and October will be important months for the euro area."
"For one, the TLTRO facility will be launched. In addition, updated forecasts from the ECB staff and the results of the asset quality review and bank stress tests will available (before the ECB formally take on supervisory responsibility)."