Europe stocks little changed as investors wait ECB conference

Note: This section contains information in English only.
Source: Bloomberg
European stocks stayed almost the same, erasing earlier gains, on investor expectations of the ECB's announcement regarding the possible QE measures today. The Stoxx Europe 600 Index fell 0.1% to 357.69 as of 9:48 a.m. London time, and the benchmark gauge ended at its strongest point since January 2008 yesterday, as the ECB is expected to announce a QE programme.
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Thu, 22 Jan 2015 13:09:04 GMT

Euro rebounds, but still close to 11-year low

The Euro edged higher versus the US Dollar on Thursday, amid expectations of the ECB announcing QE. The European currency added 0.08% and settled at $1.1616, rebounding from a previous day's 11-year low. Rumour has it that the ECB is considering a programme for sovereign bond-buying of €50 billion per month, beginning from March and through 2016. However, the ECB Chief

Thu, 22 Jan 2015 12:47:08 GMT

ECB QE programme

Mario Draghi, ECB President, will most likely turn to 50 billion euros a month quantitative-easing programme. The steps of sovereign bond-buying programme may need to be taken in order to fight the threat of deflation within the Euro zone countries. However, investors are weighting whether the ECB will do enough to stoke Europe's fragile economy.

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