MACRO
·
DRAGHI SPEAKS; EYE ON POLICY > Risk sentiment
remains weak with concerns re global growth outlook, as seen from declining
energy & commodity prices. Today, ECB account of Dec MPC meeting will be
published and Draghi will speak. Slowdown in global growth fuelling
expectations of further ECB stimulus after measures announced in Dec
disappointed mkts.
·
CBRT SURVEY > CBRT will announced monthly
survey of expectations today, where inflation forecasts are likely
to move higher with currency weakness & higher-than-expected Dec inflation.