Daily Morning Call

From the Floor: Markets look to Draghi for clarity on QE—#SaxoStrats

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Financial markets expect European Central Bank president Mario Draghi to bring some clarity to the ECB's plans for winding down its quantitative easing programme when he holds a news conference after today's meeting of the bank's governing council in Frankfurt. In other central bank news, US Fed vice chairman Stanley Fischer announced yesterday he would step in mid-October, and the Bank of Canada stunned with a surprise rate hike.