While admitted there's "a picture of weakening growth" in the euro zone, ECB chief Mario Draghi confidently intoned that the probability of an EU recession is low. However, Draghi dropped the hammer on any doubters that the only thing that matters is him... "We're ready to use all instruments.

It appears Draghi has done it again. Since last week's dovish ECB QE taper, European sovereign bond yields have plunged and today are accelerating notably lower with Italian 10Y yields crashing 10bps to 2017 lows...   This is the lowest yield since the start of the year...   Even Spanish

Following the announcement of an 'as expected' dovish taper, markets have moved but not nearly as much as we suspect Mario Draghi would have liked. Therefore we expect him to drop a few tapebombs duiring the press conference in an effort to reassure 'investors' that 'whatever it takes' is still

Mario Draghi's 'leaks' have lost their mojo. ECB officials are considering cutting their monthly bond buying by at least half starting in January and keeping their program active for at least nine months, according to Bloomberg which cites 'officials familiar with the debate'. Reducing

Ugly jobs data (hopefully transitory), uglier energy industry data, and ugliest comments from Trump on throwing away any fiscal restraint with the debt-ceiling bathwater left the dollar down, stocks lower, and bonds and bullion bid... http://www.youtube.com/watch?v=uvqJ1mTkEuY   Was this Gary