PDA

View Full Version : ECB Statement Timing?



Billy
08-01-2012, 05:04 AM
Everybody’s talking of the importance of Tursday’s ECB statement but I couldn’t find any time schedule for the statement. Does anybody here knows if it will be pre-US markets as the gap could then be huge at the open on Thursday?
Billy

pdp-brugge
08-01-2012, 05:19 AM
According to the schedule on the ECB website, the press conference is due for 2:30 CET
http://www.ecb.int/press/weekly/html/index.en.html

PdP

Billy
08-01-2012, 05:25 AM
According to the schedule on the ECB website, the press conference is due for 2:30 CET
http://www.ecb.int/press/weekly/html/index.en.html

PdP

Thank you PdP. That’s 1 hour before US markets open so the risk of big up or down gap will be real for overnight positions. Typically a situation where risk-management cannot be insured with a stop loss…
Billy