Draghi Seen Pausing in Signal of Nascent Euro-Area Recovery

For investors waiting for Europe’s long-delayed recovery to appear, no news from Mario Draghi today may be a good sign.

As evidence mounts that the euro region’s economy is pulling out of its longest-ever recession, economists from HSBC Holdings Plc to Standard Chartered Plc say the European Central Bank president may feel confident enough to refrain from any new policy tools or elaborate on last month’s unprecedented pledge to keep interest rates low for an extended period.