While broad market sentiment remains volatile as driven by economic data released in the US and China, as well as mixed corporate earnings results, concerns about sovereign crisis in the Eurozone has eased in recently weeks as banks requested lower amount of money from ECB’s LTRO after the 12-month LTRO

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Concerns Over European Sovereign Crisis Ebbed, Stress Tests In Focus

This month we titled our ECB preview "Don’t expect too much". Indeed, Trichet did not introduce any new non-standard measures nor did he express concern about the latest market developments

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ECB Meeting: Trichet almost Light-Hearted

Having successfully negotiated last week’s maturity of the 1-tear LTRO, and the subsequent 6-day ‘bridging’ facility, the ECB may well be basking in the current slight lull in the markets’ concerns over Eurozone government debt and the health of banks. The next challenge looms, in the shape of the publication

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Calm Before the Storm?