European Central Bank (ECB) rate decision followed by Draghi’s press conference is the main event for the day. The question faced by one and all is Will the ECB Taper the Taper talk or add fuel to the fire by expressly hinting at a possible QE Taper in the near future?
In today’s London open show, we shed light on the possible future course of action for the ECB and take note of the developments on the EUR/USD technical chart.
Commodity experts also detail the fundamentals of Nickel, which suggests supply deficit is likely over the next 12 months. As far as gold is concerned, experts warn about a possible sell-off on ECB disappointment.