Investors power through ECB meeting
A tremendously supportive SSA market brushed off Thursday’s European Central Bank (ECB) meeting, printing all the way up to the morning of the press conference by bank president Mario Draghi, writes Lewis McLellan.
Their boldness proved justified in the event. The ECB kept quiet on any plans to begin removing monetary support on Thursday, failing even to rule out the possibility of swelling the size or duration of its €60bn per month asset purchase programme.Draghi maintained his usual dovish tone ...
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