Insights

"The Day Today" - 13 Jan 2014

* ECB Nowotny confirms that the debate is all about whether national central banks should bear the risk of the QE purchases, or should it be shared amongst Eurozone members
* ECB Noyer: “In my view,

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"The Day Today" - 12 Jan 2014

ECB QE discussion continues apace, can they come up with a compromise by Jan 22nd:
* Handelsblatt reports that a majority are in favour but at least 7 members remain sceptical (Weidmann and Mersch the main opponents)
* ECB Visco: “The cheap oil is helping the economy,

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"The Day Today" - 9 Jan 2015

* China PPI falls further into deflation, -3.3% in Dec from -2.7% in Nov

* The ECB already owns 8% of Greek bonds – Coeure yesterday said it would be illegal to restructure this debt

* Fed’s dissenting dove (but now non-voter)

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"The Day Today" - 8 Jan 2015

* Fed’s Evans: “We may not reach inflation target until 2018”

* IMF paper says Fed QE had more impact on Emerging Markets than previous pure interest rate decisions,

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