The New Draghi: What can be expected from the ECB?

Last week, markets were caught on the wrong foot by the latest package of measures by the European Central Bank (ECB). There was no headline increase of monthly asset purchases, which are currently at EUR 60bn. Since then, investors have grown used to ECB President Mario Draghi over-delivering, earning him the nickname “Super Mario”. When Draghi failed to do so this time around, investors were unprepared. This overview discusses how the ECB measures are impacting international markets.