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PIG TODAY-ECB’s Villeroy: Italy's referendum may be another source of uncertainty

 

 

ECB governing council member and Bank of France head Villeroy was on the wires last minutes, via Reuters, making a speech in Tokyo on the Italian referendum, Brexit and central bank’s monetary policy.

Key Headlines:

Italy's referendum vote cannot be compared to Brexit

Italy's referendum may be another source of uncertainty

Will closely monitor consequences of Italy referendum

Europe's economic reforms have strengthened resilience to bb & US presidential election

Euro area growth is robust, supported by domestic demand

Monetary policy has helped, and will continue to support move to inflation close to but below 2%

If Britain wants to keep full access to EU single market they have to apply all its rules

Hard Brexit would mean end of the European passport for the City of London

Welcomes Japanese financial institutions to Europe

Monetary policy should not remain the only game in town

Can be fully confident about resilience of euro and euro zone

Source: fxstreet.com

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