Market Review The ECB stole all the headlines yesterday with their policy decisions and subsequent Draghi press conference triggering some intense volatility in the Euro in particular as well as sending the German Bund to a new all time high. The ECB, as expected, cut the main refi rate by 0.25% to 0.5% which briefly lead to a dip in the Euro but it was the 0.5% cut to the lending rate that caught the market by surprise and this lead to some initial sharp risk-on. However, the bullishness was
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The ECB stole all the headlines yesterday with their policy decisions