Australia stocks jump more than 2% as ECB announces $821 billion stimulus package

Shares in Australia jumped in early trade, while futures pointed to a mixed open for Japanese stocks.

The European Central Bank announced Wednesday a new Pandemic Emergency Purchase Programme that will be able to use €750 billion to purchase securities to help support the European economy. Stocks in Asia were set to open mixed on Thursday as fears over the coronavirus pandemic's economic impact continue to weigh on investor sentiment.

Shares in Australia jumped in early trade, with the S&P/ASX 200 up 2.64%. Australian jobs data for February is expected to be released around 8:30 a.m. HK/SIN on Thursday. Futures pointed to a mixed open for Japanese stocks. The Nikkei futures contract in Chicago was at 17,010 while its counterpart in Osaka was at 16,430. That compared against the

It will be down tomorrow

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forbes Under 30 Europe: Meet The European Finance Leaders Of TomorrowEuropean Finance is alive with talent and connectivity as a new generation of entrepreneurs collide with the old structures of a once static system. 👍
Source: Forbes - 🏆 394. / 53 Read more »

Stock market live Monday: Dow drops 13%, Trump says recession possible, trading halted at openA conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. GuyAdami timseymour 🐻 GuyAdami timseymour Bond market the space to watch ..... GuyAdami timseymour Great insight gentlemen. Sometimes these things seem logical or obvious... sometimes we still need reminders.
Source: CNBC - 🏆 12. / 72 Read more »