Asian stocks advanced on South Korea rate cut, while Euro decreases

Source: Reuters
© scanpix/RS
An unexpected rate cut by South Korea's central bank pushed Asian stocks to the new highs. Therefore, the Korean Kospi rebounded, but then dropped 0.5%. Japan's Nikkei 225 soared 1.4% showing a new 15-year record. Meanwhile, the Euro plunged to new 12-year record lows, on the ECB decision to start bond-buying programme.
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