ECB's Draghi: ECB pledge to keep rates low "well past" QE is key - Reuters

The ECB's President Mario Draghi is delivering his remarks at the Panel on Monetary Policy "Rethinking Macroeconomic Policy," a conference sponsored by the Peterson Institute for International Economics, Washington D.C., with key highlights (via Reuters & LiveSquawk) found below:

  • Negative rate policy has been a success 
  • Reiterates QE, interest rate guidance
  • The 'well past' is very, very important in anchoring rate expectations
  • Reinforces stimulus from QE & low rates

EIA: US commercial crude oil inventories decreased by 2.8 mln barrels

Key highlights from the EIA's report's summary of weekly petroleum data for the week ending October 6, 2017: U.S. crude oil refinery inputs average
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UK ForMin Johnson: Very optimistic about Brexit talks and the progress that can be made

British Foreign Secretary Boris Johnson was out on the wires, with key quotes (via Reuters) found below: I remain very optimistic about the Brexit
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