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“No convincing reason” for more action in December – ECB’s Hansson

FXStreet (Mumbai) - As per Reuters report, the European Central Bank (ECB) member Hansson said today that there is "no convincing reason" for further policy action in December.

"I don't see any convincing reason to consider further policy action in December knowing what we know today", Hansson said.

Key Quotes

Bank-lending channel improving

Domestic Eurozone economy quite resilient

Can Fed dovishness calm market worries over oil and bunds? – SocGen

Kit Juckes, Research Analyst at Societe Generale, suggests that today the global markets will spend the day watching oil prices, watching equities, watching Bund yields and waiting for the FOMC.
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FOMC: Wait till December for lift-off - Rabobank

Stefan Koopman, Research Assistant at Rabobank, suggests that today FOMC is not expected to announce a rate hike but is likely to prefer to wait until December to make a decision whether to go ahead with a 2015 lift-off.
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