All eyes on Lagarde presser when it comes to the ECB today ...Middle East

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All eyes on Lagarde presser when it comes to the ECB today
The policy decision later should be a more straightforward one. There will be no changes in the key rates and the language and forward guidance will be similar to what we have gotten in December last month. There will not be any surprises on that front and that means the focus and attention will be on Lagarde's press conference instead. So, what can we look forward to?To keep things short, I only see two likelihoods in which there will be a notable reaction in markets.The first would be Lagarde going on record to rule out rate cuts for March and April. As things stand, traders are not eyeing a move in March but are pricing in ~71% odds of a 25 bps cut in April.Lagarde can point to a number o

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