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Daily Economic Outlook- 11 March 2015

Quotes from Lloyds Bank: ECB will hold an extraordinary meeting or call this week, possibly as early as today, to review the ELA forGreece's banks. ECB President Mario Draghi and Executive Board member Peter Praet, among…

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Quotes from Lloyds Bank:

  • ECB will hold an extraordinary meeting or call this week, possibly as early as today, to review the ELA forGreece's banks.

  • ECB President Mario Draghi and Executive Board member Peter Praet, among others, are also due to speak at a conference in Frankfurt from 08:00GMT.

  • Swedish inflation figures for February are also due in the morning session, with annual CPI seen rising to 0.0% from -0.2% and underlying CPIF inflation increasing to 0.8% from 0.6%.

  • There are no major data releases scheduled in the US today, but the Fed is due to release the results of the second set of stress tests in the evening.

  • Finally, the Reserve Bank of New Zealand is expected to leave rates unchanged at 3.5% this evening, with a small risk of a cut.

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