June, 02 2017 by lsr team

Draghi’s dilemma

Ken Wattret, Chief European Economist, talks about our latest Europe Watch publication

Economics: ECB meeting – what to expect 
- Upbeat on growth, cautious on core inflation; financial conditions a concern
-  Easing bias  should go but probably stays for now; exit discussion more likely

Politics: Italian elections draw near; May’s wobbles 
-  A risky autumn election in Italy is looking more likely
-  PM May still in pole position but weakened by a poor campaign

Markets: Dancing round the May poll 
-  Narrowing Tory lead implies more risk premium
-  Reasons to be bearish UK longer-term are building