From the movements in the markets since the second round of LTRO, it is clear that the expected effect is far less confident than the LTRO in December 2011. Share values fell yesterday and overnight over Ben Bernanke’s (Federal Reserve’s Chairman’s) comments suggesting there would be no further monetary stimulus.
Bundesbank President Jens Weidmann warned of the ECB’s tactics at stemming the crisis in the Eurozone and called for stricter collateral rules to be applied.
French presidential candidate Francois Hollande attempted to allay fears of the City of London on his visit to the UK. He insisted more regulation for the financial sector was needed.
welshmoneywiz 
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