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Eurozone Stimulus Draws Cheers.

Authors :
STUBBINGTON, TOMMY
Whittall, Christopher
Ramage, James
Albanese, Chiara
Source :
Wall Street Journal - Eastern Edition. 1/23/2015, Vol. 265 Issue 18, pC1-C4. 2p. 1 Color Photograph.
Publication Year :
2015

Abstract

The article discusses financial market reaction to a $1.16 trillion bond-purchasing program announced by President Mario Draghi of the European Central Bank (ECB). The Dow Jones Industrial Average, Hong Kong, China's Hang Seng stock index, and the S&P ASX 200 stock index in Australia all rose by 1.1% or more, while the euro fell against the U.S. dollar. Economist Eric Chaney said the ECB's program exceeded investors' expectations.

Details

Language :
English
ISSN :
00999660
Volume :
265
Issue :
18
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
100568882