ECB rate cut not enough to keep markets satisfied: Lloyds

Trevor Williams, chief economist, Lloyds, says that after Draghi's comment bond yields are up almost 30 bps. Although the rate cut of 25 bps, which brings the ECB rates to a record low of 0.75%, is not satisfied to keep the markets satisfied. The markets are more worried after Draghi comment.

Q: The market was expecting non-standard measures but the ECB has refrained from announcing anything. Will this have any significant impact?

A: It has already impacted the markets. After Draghi's comment the bond

Asian shares pause from rally, euro eases before ECB decision

(Reuters) - Asian shares eased on Thursday as markets awaited the European Central Bank's policy decision later in the day, while the euro was pressured by widespread expectations of a rate cut to support fragile euro zone growth.

MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.2 percent after hitting a seven-week high on Wednesday.

Japan's Nikkei average