Draghi

ECB won't cut rates, EMs to suffer as US improves: Citi

Ahead of the ECB meet today, Guillaume Menuet of Citi said that the bank will keep its rates unchaged. The central bank will consider the rebound in headline inflation and improvementin overall sentiment, but is unlikely to sound 'significantly dovish', added Menuet.

Draghi defends bond program ahead of court hearing

Draghi said the bank's independence was not compromised because it did not automatically have to start bond purchases just because a government had applied for a bailout. The ECB "retains its full discretion," he said.

European shares sag ahead of ECB meeting

\The euro remained near a two month high and European shares eased on Thursday, as investors waited to see if the European Central Bank will cut rates and hint at more measures to boost struggling eurozone economies.

ECB says ditching austerity would not help euro zone

ECB policymakers rebuffed suggestions that Europe should ease up on austerity and said that while the central bank has room to cut interest rates, such a move would not necessarily help the economy much.

Gradual recovery in second half of 2013: Draghi

European Central Bank President Mario Draghi called on euro zone governments to implement structural reforms on Thursday, warning that the economy should stabilize later in 2013 but that downside risks to growth remained.

Gold extends losses on euro zone concerns; China data eyed

Gold fell further on Friday as the euro weakened on renewed concerns over the health of the euro zone economy, while investors eyed China trade data for more trading cues.

ECB says will monitor impact of euro strength

The European Central Bank will monitor the impact of a strengthening euro on the currency bloc's economy but said it was not a policy target and showed growing confidence in the region.

Mecklai Graph: Italian 10-year bond yield in 2012

Mecklai graph of the day: Italian Ten-year yield in 2012 - The euro-region leaders have been trying to find avenues for bringing down the borrowing cost of the ailing euro economies to avoid a Greece like default.

Big-bang Nov on hope of aid to Spain, Greece & US polls:RBS

Michael Michaelides of RBS explains to CNBC-TV18 that the increased likelihood of Spain asking for ECB aid, Greece being allowed the next tranche of aid and the US polls will occur simultaneously by the first week of November.

Chances of snapback euro rally unlikely: Henderson Global

Christopher Palmer, Henderson Global Investors, says that today, investors will be looking for a green light from the politicians for the bond purchase program. Skeptics will look for more indications that structural reforms in Europe are also on the agenda or have been agreed to behind the scenes.

Proper monetary policy a challenge for ECB: UniCredit

Marco Valli, chief Euro Zone Economist, UniCredit, says that the market will not pay much attention to what happens on the VIX front because having a rate at 0.75 or 0.5, when the monetary policy transmission mechanism does not work properly, that does not make any difference for the economy or there is only very marginal difference.

Market eyes upcoming ECB meet, German court ruling: UBS

Stephane Deo, chief european economist, UBS, says that for the market there are lot of risk in near future like ruling of German Constitutional Court and other factors. He thinks people are worried and they have short the European equity and European fixed income.

Draghi aims for consensus; rate-cut on the cards:StanChart

Sarah Hewin, chief economist –Europe, Standard Chartered, explains to CNBC-TV18 that ECB chief Draghi is attempting to build consensus before the central bank‘s meeting on September 6. Hewin adds that even if the expected rate-cut of 25 bps is not announced, Draghi will reveal other policy measures.