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ECB’s Lautenschlaeger: could need for more active macroprudential policy

Sabine Lautenschlaeger executive board member at the European Central Bank, during a scheduled speech this Thursday, was noted saying that there might be a need for more macroprudential policy.

Additional headlines:

   •  by that I mean a tightening of existing borrower-based measures
   •  tool box defined by the EU legal framework may be too small to address all types of systemic risk
   •  stability risks not too pronounced now

US: Focus on PPI and jobless claims – TDS

Analysts at TDS suggest that there are a number of mid and lower-tier data releases scheduled for Thursday and markets expect January PPI to rise 0.4%
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USD/CAD recovers the vicinity of 1.2500

The greenback is alternating gaind with losses today, managing to lift USD/CAD to the boundaries of the 1.2500 handle after bottoming out around 1.246
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