European stocks slip ahead of earnings reports


Fabrice Brégier, chief executive of Airbus's passenger jet business, told the Financial Times in an interview that the European Central Bank should intervene to push the value of the euro down by 10 per cent to between $1. 20 and $1. 25. "Despite the ECB's recent package of easing measures having limited native impact on the euro so far, he stated that he sees the odds of quantitative easing being implemented by the ECB as "low" reducing downside risks for the euro," Lee Hardman, a currency economist at Bank of Tokyo-Mitsubishi UFJ, wrote in a note.

Read more here: Business Spectator


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