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Mario Draghi speech: "Risks to outlook are broadly balanced"

At his press conference today, President Draghi added:

"Incoming data confirms stringer economic momentum".

"Risks to outlook are broadly balanced".

"Underlying inflation pressures remain subdued"

"Asset purchase programme could increase if outlook becomes less favourable".

 

Canada New Housing Price Index (YoY) climbed from previous 3.3% to 3.9% in April

Canada New Housing Price Index (YoY) climbed from previous 3.3% to 3.9% in April
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GBP: UK election scenarios - BAML

Kamal Sharma, Research Analyst at Bank of America Merrill Lynch, points out that the FX markets appeared to be overly complacent with prevailing opini
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