European Central Bank President Mario Draghi will have a tricky task next Thursday: give just enough clues about the bank’s next move but not fuel undue expectations that could perturb markets. China will also be in spotlight in the coming week, reporting third quarter GDP figures on Wednesday, with data likely showing steady growth at 6.7 percent, as increased budget spending and a property boom offset stubbornly weak exports. The ECB is facing weak growth and super-low inflation, which means Draghi will have to persuade investors that the ECB is ready to pull the trigger on more stimulus at the same time that he preserves an escape route since the bank has already done unprecedented easing and its room to manoeuvre is limited. The question to decide is whether to extend an 80-billion euro per month asset purchase programme, due to run out in March, or start dialling back stimulus. It will be tough call as the hawks, including Germany, the bloc’s biggest economy, oppose any further easing. But a decision is seen as premature as the euro zone economy is humming along, giving Draghi some time refine options.