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Draghi’s speech: Most of Eurozone's risks are outside the zone: Brexit, trade disputes, geo-political tensions

inflation expectations are going down everywhere

most of eurozone's risks are outside the zone: Brexit, trade disputes, geo-political tensions. and trade disputes.

mentioned maintaining the extraordinary stimulus and this may have to last a long time if there is no support from fiscal policy

Monetary policy can do its job, but in the absence of a stabilisation capacity it will only do it more slowly and with more side effects

we are symmetric about pursuing our objective, to keep inflation above our target as much below it

Have worked hand in hand with BoE addressing all the possible contingencies regarding Brexit for three years, but of course risks remain given the broad-ranging nature of the event

NZD/USD seen sidelined in the near term – UOB

FX Strategists at UOB Group now expect the Kiwi Dollar to move into a consolidation phase in the near term. Key Quotes 24-hour view: “In line with exp
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FX option expiries for Sept 30 NY cut

FX option expiries for Sept 30 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0875 1.5bn 1.0900 2.3bn 1.0975 992
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