Another Rumor Just broke

When you see this, you can almost be sure there's some news, in this case an unsourced rumor...

That's all this market is running on now, rumors.

The rumor:

From Bloomberg

• DRAGHI SAID TO SPEAK TO WEIDMANN BEFORE AUG. 2 COUNCIL MEETING
• DRAGHI SAID TO FAVOR GIVING ESM BANKING LICENSE IN LONGER TERM
• DRAGHI'S PROPOSAL SAID TO INCLUDE BOND BUYS, RATE CUT, NEW LTRO

Now the denial... This is why we don't chase

An ECB spokeswoman said in an e-mailed statement that it is usual practice and nothing special that Draghi meets or talks with the members of the Governing Council. She declined to comment on the content of any talks.