European stocks seen cautiously higher after aggressive ECB stimulus

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

México Noticias Noticias

México Últimas Noticias,México Titulares

European stocks were seen advancing cautiously on Friday morning after the European Central Bank (ECB) delivered an aggressive stimulus package in a bid to reinvigorate the ailing euro zone economy.

The ECB announced a new quantitative easing program Thursday which will see 20 billion euros per month of net asset purchases for as long as the central bank deems necessary. It also cut the rate on its main deposit facility by 10 basis points to -0.5%, a new record low, and introduced tiering measures to mitigate damage to banks' balance sheets.

Global markets also received a boost after President Donald Trump said Thursday he would not rule out an interim trade deal with China, after the world's two largest economies showed signs of thawing their ongoing trade war. Asian stocks advanced on both trade optimism and the ECB stimulus "bazooka" with Japan's Nikkei leading gains, while mainland Chinese and South Korean markets were closed Friday for holidays.

Back in Europe, the leader of Northern Ireland's Democratic Unionist Party said her party will not support a Brexit deal that "divides the internal market of the U.K."

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

European stocks set to open higher on ECB stimulus hopes and US tariff delayEuropean stocks were set to open higher Thursday as investors look ahead to an anticipated announcement of easing measures from the European Central Bank (ECB). Our mission at is to build the social media platform that ends fake news
Fuente: CNBC - 🏆 12. / 72 Leer más »

Europe stocks cautiously higher ahead of ECB meeting and easing trade-war tensionsEuropean stocks are trading higher on Thursday ahead of what could be the most important European Central Bank meeting of the year, while signs of easing tensions between the U.S. and China over trade talks also lifted sentiment.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Asian stocks at six-week highs as trade war gloom lifts before ECBAsian stocks advanced to a six-week high on Thursday on hopes for a thaw in U.S....
Fuente: Reuters - 🏆 2. / 97 Leer más »