Things are getting more surreal by the moment. First the ECB leaks material, market moving information to hedge funds 12 hours before disclosing it to the entire world, and now the central bank that has taken central planning to the next level, is revealing its displeasure with how the quote unquote "market" has responded to the Euro. Via BBG: PRAET: SOME ANALYST FORECASTS ON THE EURO'S DEPRECIATION HAD GONE BEYOND WHAT ECB EXPECTED: WSJ Oddly no comment if the ECB's stealthy selling of Bunds to open up capacity for 15 more months of purchases also moved the massively illqiuid market too far in the opposite direction. One thing is certain: the ECB will never complain about the analysts' forecasts that the Stoxx 600 will keep rising to recorder highs: that is not only what the ECB had expected, but what its trading desk over at the BIS traded.