The European Central Bank chose to maintain the benchmark interest rate at 0.05% in yesterday’s decision as traders focused on the commentary from Mario Draghi’s subsequent press conference. Aside from mentioning that the Central Bank has no official strategy for exiting quantitative easing, his warnings were heard loud and clear across markets. In his remarks, he noted that “markets must get used to periods of higher volatility.” The immediate reaction was as selloff in bonds across Europe as American bonds also fell while the Euro squeezed higher. The ECB’s growth expectations for 2015 remained intact at 2015 despite the OECD cutting global growth prospects yesterday. News from Brussels was sparse as Greek Prime Minister Tsipras meets with regional leaders to find a compromise. No deal has been announced yet as commentary remains cordial ahead of the looming deadline. The Euro has retreated modestly from yesterday’s exuberance, pulling back from recent gains.