Has Draghi Failed to Deliver Something New for the Bears?

The euro reached a three-week low Thursday after European Central Bank President Mario Draghi refrained from announcing any expansion to its bond-purchase program and said officials will wait until the economic impact from Brexit is clearer. The single currency fell against most its 16 major counterparts. While economic risks are tilted to the downside, euro-area markets have weathered recent volatility well and financing conditions remain “highly supportive,” Draghi said at a news conference in Frankfurt. ING Head of Foreign Exchange Strategy Chris Turner discusses with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.

May, Johnson Underline Brexit Tension, Says Posen
46:17 - Adam Posen, president at Peterson Institute for International Economics, discusses the political impact of U.K. Foreign Secretary Boris Johnson's comments on Brexit. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)
  • Bloomberg Markets: Balance of Power 9/18/2017
  • Aston Martin Calls for Brexit Clarification
  • S&P 500 Hasn't Seen 5% Correction Since Brexit