The Traderszone Network

Published in TZ Latest News 29 May, 2014 by The TZ Newswire Staff

Shares flirt with record highs on ECB easing bets

Global shares flirted with an all-time peak on Thursday while German bond yields held at the lowest levels in a year on bets the European Central Bank would unveil new stimulus measures next week. ECB policymakers have opened the door to a rate cut, effectively charging banks to hold cash at the central bank overnight, and to a refinancing operation aimed at supporting businesses when its board meets on June 5.

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