ECB stands pat


The overnight lending rate remains at 0.25% and the deposit rate at 0%.

Some had expected another easing move and the euro adds a few pips, now +0.3% to $1.3953. The Stoxx 50 sheds a couple of points, still higher by 0.4%.

Mario Draghi's press conference beings at 8:30 ET

ETFs: FXE, VGK, EUO, FEZ, DFE, ERO, IEV, EPV, EZU, HEDJ, DRR, GXF, GUR, FEU, FDD, ESR, FEP, UPV, EUFX, ULE, ADRU, FEEU, URR, EURL, EUDG, EURZ, FIEU, DBEU

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