Please click the link below to view Shane Oliver's latest views in respect to Europe.

The key points raised are:

• Europe has been getting it's act together and the latest ECB stimulus measures add to confidence that its recovery will pick up pace.  
• The ECB's actions provide a reminder global monetary conditions remain very easy which is supportive of relatively high yield assets and growth assets generally.
• One risk is that the boost to the search for yield will delay further fall in the value of the Australian dollar.