So this should be fun.
Market's are jittery, they're not sure what, if anything will be announced today. The Q&A with Draghi afterwards will, as always, be the real fun part.
From our point of view, we'll want to see the answers given in relation to the Anglo wrapup and the liklihood of a deal. Affirmation on these 2 items should see our fortunes taking an upward swing in the markets, and the climb of the currency. There's also the possibility of an update on Spain's situation.Our economists suggest that Mr Draghi will probably soften the overall tone at the press conference, signalling that easing options are still available if needed,” Vassili Serebriakov, strategist at BNP Paribas, said in a research note.
The webcast will be broadcast here: ECB: Webcasts: ECB monetary policy decisions
Remember, if you only watch ONE monthly ECB meeting this February, make it this one.