ECB's Praet: No change in ECB monetary policy

FXStreet (Bali) - European Central Bank chief economist Peter Prate, writes in SuedDeutsche, with headlines via Bloomberg, noting that there will be no change in ECB monetary policy.

Headlines

Change would mean abandoning the 2% inflation target

Low inflation offers little buffer against deflation

Deflation means central bank can lose control of real rates

Model continues to lean aggressively against CAD - Westpac

Our model, macro and technical signals continue to lean aggressively against CAD, notes Westpac FX Strategy Team.
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Talk of M&A: Asahi to acquire Grolsch and Peroni?

There is talk in the market that Japan's Asahi Group Holdings is considering acquiring Grolsch and Peroni, both owned by SABMiller.
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