Think Like a Criminal ECB Edition

Here it is, truth is stranger than fiction!!!

This morning in Draghi's press conference of an hour and a half,  he came off 180 degrees his norm and as a hawk or much more hawkish with statements like the ECB will "Reassess Current Stimulus NEXT Quarter" and "ECB may not decide on new measures in January", apparently pushing back any potential QE of sovereign bond purchases that I remind you again AGAINST the ECB's charter, Rule 123 which you can find right here on the ECB's website...

"the prohibition of monetary financing (Article 123 of the Treaty on the Functioning of the European Union),"

Despite Draghi saying the above: "Reassess Current Stimulus NEXT Quarter" apparently putting of any dream or hope of QE (which is still not on the table as it is still against their charter and the Germans , which are the only opinion that counts among EU nations are against it) which still remains a figment of the market's immagination until the next quarter...

And..."ECB may not decide on new measures in January" which told the market that their figment of immagination of QE, may not be considered in January, despite no mention of QE, simply "new measures" and new measures to possibly be put off.

And " DECISION TO CHANGE BALANCE SHEET LANGUAGE NOT UNANIMOUS" which sounds like the Germans saying NEIN to any QE-esque measures...

We all of the sudden get Bloomberg reports today, which are promptly picked up by the cheerleaders at CNBC, that...

"The European Central Bank is considering a broad-based quantitative easing package for its next meeting in January, a source told CNBC. That would be from Bloomberg as CNBC admits, "Bloomberg originally reported the rumors"

Additionally...the comments by Draghi that Staff has "stepped up technical preparations for further measures," which a source said is in line with considering QE proposals was taken again, with no mention of anything specific and on rumors, that now instead of today's meeting, QE is imminent in January, DESPITE EVERYTHING  DRAGHI said to the contrary during his 90 minute press conference where I'd think he'd have ample time to put out all relevant information.

This is what the market was responding to earlier, but the original "source" of the "RUMORS", Bloomberg's source for European Economics TWITTED the following...

So Bloomberg retracted all of the above.

However the plot thickens...shortly after, the tweet was taken down...

Again, think like a criminal and you'll have a much better understanding of the market. In my opinion, this is much a do about nothing, but it is exactly what a LEVER looks like when all else has failed as the ECB "may" not have been happy with moves in the EUR/USD today after Draghi's press conference.

UNREAL!