These meetings have been lost a little in the whole Greek saga but they are nonetheless very important
- ECB is likely to leave rates and policy unchanged. Most focus will be on the Draghi statement after the meeting for any suggestions regarding ECB initiatives on EZ debt.
- The BOE is widely expected to leave rates unchanged and increase QE by GBP50 billion. Any number above 50 will probably lead to a GBP sell-off and any number below 50 will probably see some GBP buying emerge.
