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Traders await the week's last big....>

EUROPE PREVIEW
EUROPE PREVIEW: Traders await the week's last big event, today's 3pm ET ECB
Draghi speech at Jackson Hole Fed conference, and here are some varied views on
such:
 - ECB President Draghi does not talk until 1900GMT/3pm ET, well after European
markets have gone home for the wknd, and Gilt and Bund traders have left for
extra-long UK bank holiday wknd, but is not expected to touch on current
thinking on QE program. 
- HSBC economists: "With only 2 wks until next ECB meeting, HSBC does not expect
Draghi to sway from an academic speech linked to "Fostering a Dynamic Global
Economy", nor does it see much fresh coming from BoJ Governor Kuroda." 
- BMO's Ian Lyngen: Draghi:wk's "true wildcard;" "has been a universal theme,"
which "leaves the emphasis on Mario's comments over Janet's; post-close
liquidity conditions on the last Fri in August will certainly add to the
volatility, if we do happen to see hear anything more concrete about changes to
the ECB's bond buying program." 
-Academy Secs Glen Capelo: Draghi "is expected to say nothing" to shake mkts.

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