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Draghi overconfident, Barclays warns

Barclays suggested that while Europe is not at imminent risk of “Japanisation”, the European Central Bank should be vigilant in avoiding a stagflated lost decade in Europe

By Richard Nehme | Dec. 6, 2013 13:49 GMT
Euro continues to benefit from weaker USD
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The focus yesterday was on what Mario Draghi didn’t say in the ECB’s press conference. There was no mention of specific monetary easing strategies, and traders read this as withholding stimulus [...]

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