Initial Guidance | 12 January 2015

● European Central Bank Policy Makers Divided on Bond Purchases | NY Times
● Germany-ECB dispute intensifies, court to weigh in this week | Nat’l Monitor
● Global markets hang on Germany’s next move | Telegraph
● Oil prices extend falls; Goldman Sachs slashes forecasts | Reuters
● Bank of France Keeps Q4 French GDP Growth Forecast at 0.1% | MNI
● Japan Raises FY 2015 GDP Forecast | RTT