First Hawkish, Then Dovish: Markets Whiplash on ECB Messages

The European Central Bank seemed hawkish, analysts said on Twitter, until Mario Draghi began speaking. Sounding "as dovish as can be," as one Danske Bank analyst put it, the ECB governor painted a bleak picture of the economy and had economists scurrying to interpret the mixed messages as the euro tumbled.

Here are some of their key takeaways: