09 - ECB Statement and Press Conference In Focus Following Change In Strategy

<p>Tomorrow’s ECB meeting is likely to give important information on its new policy strategy. It is a distinctly more dovish stance as the ECB looks to deliver on its price stability mandate with symmetric 2% inflation as its target. There has also been a pick up in safe-haven buying which has lent itself to dollar support. How this may affect the risk markets is also discussed.</p>