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View Full Version : Draghi Risks Market Wrath as Pressure for ECB Intervention Grows - Bloomberg



NewsWhore
08-01-2012, 07:20 PM
Draghi Risks Market Wrath as Pressure for ECB Intervention Grows (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE_i_Zyavu4kGXcX-CcpHkexxffng&url=http://www.bloomberg.com/news/2012-08-01/draghi-risks-market-wrath-as-pressure-for-ecb-intervention-grows.html)
Bloomberg
An estimate of future average overnight borrowing costs in euros, the three-month Eonia OIS swap, dropped to a record low of 5.4 basis points yesterday, Bloomberg data show, suggesting traders have increased bets on the ECB cutting rates further. The ...

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