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Thread: ECB Statement Timing?

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  1. #1
    Join Date
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    ECB Statement Timing?

    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

  2. #2
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    Oct 2011
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    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

  3. #3
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    Quote Originally Posted by pdp-brugge View Post
    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

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