Italy Gross Domestic Product (YoY) below forecasts (-0.3%) in 4Q: Actual (-0.5%)

With a large part of Eurozone debt market yields swimming in negative territory and Draghi expected to drive yields further lower by stressing that ECB may buy “at any price”, Derek Halpenny, European Head of GMR at Bank of Tokyo-Mitsubishi UFJ, views risks for euro are tilted to the downside.