ECB Rate Cut is Beyond Last Resort

by Ashraf Laidi

Dec 5, 2013 16:42

Markets have reacted to NOT what the ECB said, but instead to what the ECB did NOT say.  My analysis on the euro's jump to 1.3650s, the UK autumn statement and the US GDP. Full charts & analysis here

Click To Enlarge

Act	Exp	Prev	GMT
GDP (q/q) [P]
3.6%	3.0%	2.8%	Dec 05 13:30
GDP Price Index (q/q) [P]
2.0%	1.9%	1.9%	Dec 05 13:30

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