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Draghi ‘Shock and Awe’; ECB Cuts Rates, Expands QE, Includes Authorization Of Purchase Of Corporate Bonds; Euro Drops Most Since October, Then Reverses
Thursday, March 10, 2016 10:10
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Bloomberg news anchors where having a field day this morning:
The Draghi Boom! https://t.co/LJyDPOk7gn
— Quantnomics (@Quantnomics) March 10, 2016
The Euro move reversed and volatility filtered across financial markets, while the precious metals sector is catching a bid across the board:
#EUR torn between #Draghi shock and awe and his comment that “no further cuts anticipated”. #EburyChat16 pic.twitter.com/MlXvCVyzWK
— Enrique Diaz-Alvarez (@EnriqueDiazAlva) March 10, 2016
Mario Draghi tries a bit of shock and awe https://t.co/IiUhBQWLJ2 My Economics Blog @BBCNews
— Kamal Ahmed (@bbckamal) March 10, 2016
Source: http://thenewsdoctors.com/draghi-shock-and-awe-ecb-cuts-rates-expands-qe-includes-authorization-of-purchase-of-corporate-bonds-euro-drops-most-since-october-then-reverses/
