The European Central Bank is under pressure: the impact of Brexit on the euro-zone economies, the lack of improvement on inflation, the crisis in banks in his home country and the scarcity of bonds up for buying are all headaches for the Frankfurt based institute. No change in policy is expected, with investors’ eyes already on the September meeting. Will we hear about future easing? EUR/USD is still stuck in range and Draghi has the power to shake things up.
Video preview for the ECB: