Now that the formalities are out of the way with rates unchanged, the fireworks can begin as Mario Draghi gets set for his post-meeting presser where markets hope to hear that the ECB is set to expand QE in the face of collapsing EMU inflation expectations, mounting global headwinds, rising volatility, and EM chaos. DRAGHI SAYS ISSUE SHARE LIMIT FOR QE RAISED TO 33% FROM 25% GERMAN BUNDS EXTEND GAIN AS DRAGHI RAISES QE ISSUE SHARE LIMIT Full preview is here, watch live below. (live feed)