Devil in Detail of Draghi Remarks - Deutsche's Lawson


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        0946 GMT [Dow Jones]-- Nick Lawson, Deutsche Bank's head of macro, synthetics and cross-selling, says that, even though Mr. Draghi didn't provide any new detail on the timing or extent of potential easing measures, "he did provide a very detailed rebuttal of the criticism that the ECB has been facing over recent weeks" which is having a significant impact on markets. "The fact that stocks have surged and that the Italian 10-year government bond yield is at a record low, shows just how warmly the market is welcoming the remarks," Mr. Lawson says. (josie.cox@wsj.com)

        (END) Dow Jones Newswires

        November 21, 2014 04:46 ET (09:46 GMT)
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