Mkts want ECB debt monetisation immediately: CLSA

Here are experts equity calls for the day on how the markets are expected to trade:

Chris Wood, CLSA: The lacklustre market reaction to the limited bailout for Spain's banking sector is a chilling reminder of the scale of the problems facing the Eurozone. Markets want ECB debt monetisation immediately. Alastair Newton, Nomura: Europe stands at critical crossroads in the period between now and the next European Council meeting. While the downside risks around Greece and Spain in particular in the interim are non-negligible, the bottom line is that Germany aims to stick with a step-by-step approach to addressing the Eurozone crisis.