The Traderszone Network

Published in TZ Latest News 18 December, 2014 by The TZ Newswire Staff

Ho Ho Ho What A Run

This was the biggest two day move in the market in three years.  The key indices started the Thursday session on a sharply higher note after equity futures received an early morning boost, which took place after the Swiss National Bank imposed negative deposit rates (-0.25%). The central bank said the move is aimed at lowering the three-month LIBOR below zero and European investors viewed the announcement as a prelude to a sovereign QE program from the European Central Bank.

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