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Carney and Draghi hitting us tomorrow - RBS

FXStreet (Guatemala) - Analysts at RBS noted that both ECB President Draghi and BoE Governor Carney are scheduled to speak tomorrow.

Key Quotes:

“But we do not anticipate either speech to focus on the immediate outlook for monetary policy. ECB President Draghi will give a keynote address at the "Single market, Single Currency, Common Future" conference to commemorate Lithuania joining the Euro in 2015”.

“The conference will be to discuss euro area enlargement and policy reforms that are aimed at strengthening the functioning of the single market and the EMU."

“President Draghi may use this occasion to repeat key refrains, such as calling the Euro irreversible and urging governments to make needed structural reforms, as he did in an interview for Europe1 this morning”.

“Bank of England Governor Carney is also scheduled to speak. No topic is given, but he will be speaking at an insurance conference in Wales, meaning it is possible that his comments do not focus on monetary policy”.

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