The Traderszone Network

Published in TZ Latest News 3 December, 2015 by The TZ Newswire Staff

Global stocks hit, euro shines after ECB stimulus misses expectations

Asian shares slipped while the euro retained lavish gains on Friday, a day after its biggest one-day surge in nearly seven years as the European Central Bank’s stimulus package fell well short of markets’ high expectations. The drama started after the ECB cut its deposit rate deeper into negative territory and extended its asset buying by six months.