ECB's Villeroy: Monetary policy is effective - Corriere

In an interview with an Italian daily – Corriere on Friday, the ECB governing council member and Bank of France head Villeroy spoke on the economic development in most major Euro are economies and also commented on the central  bank’s monetary policy program.

Key Headlines:

Eurozone should consider single Ministry of Finance

Bank of Italy & Govt dealing with NPLs, NPLs hold back Italian growth

Germany has the capacity to use its surplus

ECB monpol is effective

RBNZ market pricing has firmed - Westpac

Imre Speizer, Research Analyst at Westpac, suggests that the RBNZ market pricing has firmed during the past week, partly due to higher global yields,
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UK: Post BoE, Q3 GDP will be the key data point - RBS

Ross Walker, Research Analyst at RBS, notes that the BoE’s September MPC Minutes reiterated that a majority of members expected to lower Bank Rate if
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